the major types of transactions that affect retained earnings are: a. paid - in capital and common stock. b…

Brief Explanations:

Retained earnings represent the accumulated net income of a company after dividends are paid. Revenues increase net income, expenses decrease it, and dividends are distributions from net - income that reduce retained earnings. Paid - in capital and common stock are related to equity but not directly to retained earnings changes. Assets and liabilities are balance - sheet items not directly affecting retained earnings in the way revenues, expenses, and dividends do.

Answer:

C. revenues, expenses, and dividends