Statement of Retained Earnings Financial Statements Discussion

Discussion only needs to be 2 paragraghs

Anne Marie, the owner of Anne’s Beauty Salon continues to ask you questions about her financial statements.
1. What is accounts receivable? Is it something good?
2. I see these things called current assets and current liabilities. What are they? Why show them?
3. I still don’t understand what the Statement of Retained Earnings is all about and why do I need it. What is retained earnings? What is that thing called a dividend? Is it an expense?
How would you respond to each of these questions