Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. after net income has been determined, it is then t

After net income has been determined, it is then transferred to: A. the statement of...

90.2K

Verified Solution

Question

Accounting

After net income has been determined, it is then transferred to:

A. the statement of retained earnings.

B. the balance sheet.

C. the income statement.

D. the statement of cash flows.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Programming
1.2K views

Design a complete program that asks the user to enter a series of 20 numbers. The...

Accounting
1.2K views

At the end of 2017 fiscal year, L&Z Co. has the following information: Balance Sheets Current Assets Accounts receivable, net of...

Biology
1.2K views

5 Access a scientific database to search for a piece of primary literature that explains...

Basic Math
1.2K views

In the last lesson, you came up with a formula for the tax a couple...

Basic Math
1.2K views

The equation of an ellipse is given below.(x+8)/169 + (y + 9)/25 =1What are the...

Accounting
1.2K views

Cool Sky reports the following for its first year of operations. The company produced 46,000...

Accounting
1.2K views

Chapter #10 Name MULTIPLE CHOICE QUESTIONS Land improvements should be depreciated over the useful life...

Accounting
1.2K views

Below is a table for the present value of $1 at compound interest. Year ...

Finance
1.2K views

What is the difference between the APR and the APY if you have a periodic...

Accounting
1.2K views

Company selected: American Eagle Outfitters (AEO) Financial Analysis Financial Ratio Analysis Credit Analysis...

Finance
1.2K views

1. Problem One: As part of your retirement planning, you plan to save $750 on...

Accounting
1.2K views

Describe the use of keys in the database. Can you have more than one key?...