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Each Item in the Statement of Retained Earnings Can Appear

Question 133

Matching

Each item in the statement of retained earnings can appear on another financial statement.Match the letter of the financial statement with the item in the statement of retained earnings.

Premises:
____ Net income for 2011
____ Retained earnings,January 1,2011
____ Dividends for 2011
____ Retained earnings,December 31,2011
Responses:
Balance sheet at end of 2011
Statement of cash flows for 2011
Balance sheet at end of 2010
Income statement for 2010
Income statement for 2011

Correct Answer:

Balance sheet at end of 2011
Statement of cash flows for 2011
Balance sheet at end of 2010
Income statement for 2010
Income statement for 2011
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