Which of the following would not affect the balance of the Retained Earnings account?
A)profit
B)stock dividend
C)stock split
D)cash dividend

Question

Quizplus · Accepted Answer

Stock splits do not affect the total amount of retained earnings. Instead, they only affect the number of outstanding shares of stock. Profit, stock dividends, and cash dividends would all impact the balance of the Retained Earnings account.

Which of the Following Would Not Affect the Balance of the Retained