The retained earnings statement shows all of the following except: A)the amounts of changes in retained earnings during the period. B)the causes of changes in retained earnings during the period. C)the time period following the one shown for the income statement. D)beginning retained earnings on the first line of the statement.

Question

Quizplus · Accepted Answer

The retained earnings statement covers the same period as the income statement, not the time period following it.

The Retained Earnings Statement Shows All of the Following except