What is the most effective method of disclosing in financial statements the fact that a portion of

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What is the most effective method of disclosing in financial statements the fact that a portion of the retained earnings is restricted by the terms of a long-term debt agreement and therefore not available for payment of dividends or acquisi¬

tion of treasury stock?LO8

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Accounting The Basis For Business Decisions

ISBN: 9780070415515

5th Edition

Authors: Robert F. Meigs, Walter B Meigs

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