Problem: A statement of retained earnings shows: a. The changes in the Cash account occurring during the accounting period. b. The revenue, expense, and dividends of the accounting period. c. The types of assets which have been purchased with the earnings retained during the accounting period. d. The changes in the Retained Earnings account occurring during the accounting period.

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Problem Details

A statement of retained earnings shows:

a. The changes in the Cash account occurring during the accounting period.

b. The revenue, expense, and dividends of the accounting period.

c. The types of assets which have been purchased with the earnings retained during the accounting period.

d. The changes in the Retained Earnings account occurring during the accounting period.

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