The statement of retained earnings includes all of the following accounts within the statement except:
A)interest expense
B)net profits after taxes
C)preferred stock dividends
D)common stock dividends
E)all of the above are included

Question

Quizplus · Accepted Answer

The statement of retained earnings generally includes net profits after taxes, preferred stock dividends, and common stock dividends, but it does not include interest expense.

The Statement of Retained Earnings Includes All of the Following