Question: What item flows from the income statement to the statement of retained earnings? O A. Cash O B. Dividends O C. Net income O D.

What item flows from the income statement to the statement of retained earnings? O A. Cash O B. Dividends O C. Net income O D. Inventory

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!