It should be noted that statement of retained earnings gives lists of the beginning and ending balances of key equity accounts.
<h3>What is statement of retained earnings?</h3>
The statement of retained earnings can be regarded as a financial statements which provides details changes in the volume of retained earnings over some period.
statement of retained earnings describes the changes that occur during the period.
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The money is skimmed before the transaction is processed. In a casino the casinos winning are moves to a count room during the movement money is removed before being counted.
A commonly calculated conversion from the list is shares. The answer to this question is option a.
<h3>What are shares?</h3>
Shares can be described as a unit that is called mutual funds. The owner of a share is regarded as a shareholder.
Shares can be converted to be money. Therefore it is the best answer to this question.
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Answer:
C. completed from beginning inventory, started and completed during the month, and units in ending inventory
Explanation:
During the period, the work done is:
the last part of the beginning WIP
If BI is at 40% complete
During the period 60% is assign to this period cost
the started and complete, those count entirely, as they are finished.
and the equivalent work of the endind inventory
this is also work done during the period, so it should be accounted to assing cost into.
