The section of the balance sheet is determined by three items: revenues,expenses,and dividends

A) accounts payable
B) assets
C) corporation
D) cost
E) economic entity assumption
F) liabilities
G) market value
H) monetary unit assumption
I) note payable
J) (paid-in) capital
K) partnership
L) proprietorship
M) retained earnings
N) stockholders' equity

Question

​The section of the balance sheet is determined by three items: revenues,expenses,and dividendsA) accounts payableB) ​assetsC) ​corporationD) ​costE) ​economic entity assumptionF) ​liabilitiesG) ​market valueH) ​monetary unit assumptionI) ​note payableJ) ​(paid-in) capitalK) ​partnershipL) ​proprietorshipM) ​retained earningsN) stockholders' equity

Ekkanat Suvannapong · Accepted Answer

Final Answer : M, Explanation :  Retained earnings are affected by revenues, expenses, and dividends, which are all elements that determine this section of the balance sheet.

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