Question: Which of the following will ultimately result a decrease in Retained Earnings? (Choose all of the correct answers.) Declaration of a cash dividend Initial recording

Which of the following will ultimately result a decrease in Retained

Which of the following will ultimately result a decrease in Retained Earnings? (Choose all of the correct answers.) Declaration of a cash dividend Initial recording of a prepaid expense upon payment Initial recording of an unearned revenue upon receipt of payment Accrual of an expense which was incurred Accrual of revenue earned

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