Question: q , 1 7 . How is the Balance Sheet linked to the other financial statements? a . The amount of retained earnings is reported

q,
17. How is the Balance Sheet linked to the other financial statements?
a. The amount of retained earnings is reported on the Balance Sheet as a liability.
b. Retained earnings is added to total assets and reported on the Balance Sheet.
c. Retained earnings is on the balance sheet and is affected by changes on the lncome Statement and Statement of Retained Earnings.
d. There is no link between the Balance Sheet and other statements, as each contains different accounts and provides different information.
c. Retained eamings is reported on the cash flow statement and linked to stockholders' equity on the balance sheet.
 q, 17. How is the Balance Sheet linked to the other

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