need help with accounting/finance

Accounting
Tutor: None Selected Time limit: 1 Day

Typically, the only credit to the retained earnings account for a corporation is
A. the initial investment of stockholders.
   
B. net income of the period.
   
D. any withdrawals by the owners
My answer is B

May 5th, 2015

Yes, the correct answer is   B. net income of the period

May 5th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
May 5th, 2015
...
May 5th, 2015
May 22nd, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer