Match the words with the term.
-statement of financial position
A) retained earnings
B) dividends
C) gross profit
D) operating activities
E) debits = credits

Name: Match the words with the term. -statement of financial position A) retained earnings B) dividends C) gross profit D) operating activities E) debits = credits
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Retained earnings are part of the statement of financial position, also known as the balance sheet, as they represent the accumulated profits that have been reinvested in the business.

Match the Words with the Term