The statement of retained earnings:
A) Reports changes in equity due to stockholder investments.
B) Reports changes in equity due to net income,net losses and dividends.
C) Reports on cash flows for operating,financing,and investing activities over a period of time.
D) Reports on cash flows for operating,financing,and investing activities at a point in time.
E) Reports on amounts for assets,liabilities,and equity at a point in time.
Correct Answer:
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