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Multiple Select QuestionSelect all that applyRetained Earnings represents cumulative ______ by the business. (Check all that apply.)Multiple select question.cash earnedprofits retainedpaid--in capitalnet income keptcash retained

Question

Multiple Select QuestionSelect all that applyRetained Earnings represents cumulative ______ by the business. (Check all that apply.)Multiple select question.cash earnedprofits retainedpaid--in capitalnet income keptcash retained

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Solution

The correct answers are:

  • profits retained
  • net income kept

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