wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

A corporation's net income will cause an increase to which of the following?


A

Accumulated Other Comprehensive Income

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

Retained Earnings

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C

Common Stock

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B

Retained Earnings


A corporation's net income will cause an increase to Retained Earnings.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Statement of Profit and Loss
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon