Question: What defines an appropriation of retained earnings in accounting terms? a) Distribution of cash to shareholders b) Internal restriction of retained earnings c) Transfer to additional paid-in capital d) Allocation to treasury stock

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 9MC: Which of the following need not be disclosed in a schedule accompanying the statement of cash flows...
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Question:
What defines an appropriation of retained earnings in accounting
terms?
a) Distribution of cash to shareholders
b) Internal restriction of retained earnings
c) Transfer to additional paid-in capital
d) Allocation to treasury stock
Transcribed Image Text:Question: What defines an appropriation of retained earnings in accounting terms? a) Distribution of cash to shareholders b) Internal restriction of retained earnings c) Transfer to additional paid-in capital d) Allocation to treasury stock
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