The Retained Earnings account is comprised of A. cash retained in the business. B. cash reinvested in the business by shareholders. C. the cumulative earnings less dividends since the inception of the corporation. D. the earnings of the corporation for the current year.

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The Retained Earnings account is comprised of
A. cash retained in the business.
B. cash reinvested in the business by shareholders.
C. the cumulative earnings less dividends since the inception of the corporation.
D. the earnings of the corporation for the current year.

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Answer:

C. the cumulative earnings less dividends since the inception of the corporation.

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