If a company has expenses that are more than revenues,the net loss decreases retained earnings.

Name: If a company has expenses that are more than revenues,the net loss decreases retained earnings.
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Question

Quizplus · Accepted Answer

When a company has expenses that are more than revenues, it means that the company is operating at a loss. This loss decreases the company's retained earnings, as the company's profits decrease. Therefore, option A is correct.

If a Company Has Expenses That Are More Than Revenues,the