Question

Retained earnings Group of answer choices is unique to the corporate form of business. is an optional account in the partnership form of business. reflects cash paid in by stockholders to date. is closed at the end of the year.

Answer 1

is unique to the corporate form of business

Step-by-step explanation:

As we know that the retained earnings is a non-distributed earnings of an organization. It is an accumulated net income of the organization which cant be allocated as a dividend. It can be easily converted into the capital

Therefore it is a unique characteristic of the corporate business form

Hence, the first option is correct

And, the remaining options does not represent for the same.