Final answer:
The retained earnings statement does not show the amount of expenses incurred during the period; that information is found on the income statement. Instead, the retained earnings statement includes the amount of dividends paid, the changes in retained earnings, and the net income or net loss for the period.
Step-by-step explanation:
The retained earnings statement is a financial document that shows the changes in a company's retained earnings over a particular period. One of the options provided in the question does not typically appear on a retained earnings statement. Specifically:
- The amount of dividends paid during the period.
- The changes in retained earnings during the period.
- The amount of net income or net loss during the period.
The correct answer to what the retained earnings statement does not show is:
c. the amount of expenses incurred during the period.
While the retained earnings statement reflects the net income or loss which is after deducting expenses, it does not show the breakdown of expenses incurred during the period; this detail is found in the income statement.