A restriction on retained earnings ( (p .607) ) a. Has no effect on total retained earnings

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A restriction on retained earnings ( $p .607$ )

a. Has no effect on total retained earnings

b. Reduces retained earnings available for the declaration of dividends

c. Can be reported by a note or by appropriation of retained earnings, or both

d. All of the above

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Financial Accounting

ISBN: 9780133118209

2nd Edition

Authors: Charles T. Horngren, Jr. Harrison, Walter T.

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Question Posted: Jun 10, 2024 01:22 AM

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A restriction on retained earnings ( (p .607) ) a. Has no effect on total retained earnings

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Financial Accounting

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