An entry to appropriate a portion of retained eamings to finance a future plant expansion would include a credit to: Paid-in Capital in Excess of Par. Retained Earnings Appropriated for Plant Expansion Retained Eamings. Unappropriated Retained Earnings. Which of the following would be shown on the statement of retained eamings? Purchase of treasury stock Sale of common stock Sale of preferred stock Declaration of a cash dividend Providing services to a credit customer was recorded with a debit to Cash and a credit to Retained Earnings. This error would cause. the period's net income to be understated. the period end liabilities to be understated. the total period end stockholders' equity to be understated. the period's net income to be overstated. A retained earnings appropriation is a restriction of retained eamings by: accountants. senior management. stockholders. the board of directors. The payment of wages was debited to Retained Earnings. This error would cause: the period end assets to be understated. the period end liabilities to be understated. the period end stockholders' equity to be understated. the period's net income to be overstated. Changes in retained earnings can result from: purchasing equipment. net income or net loss. paying down debt. All of these answers are correct. Which of the following statements is true when appropriating retained eamings? Appropriating retained earnings will increase the number of shares of stock available. Appropriating retained earnings will allow the corporation to use its assets for dividends. Appropriating retained earnings will increase cash and other assets. Appropriating retained earnings will divide the retained earnings into two categories. Which of the following would require a debit to the Retained Earnings account for a corporation? The initial investment of stockholders Net income of the period Net loss of the period Contributions by new stockholders Which of the following is prepared to explain the change in the amount of retained eamings between successive balance sheet dates? Income statement Statement of stockholders' equity Balance sheet None of the above Appropriations to retained eamings can be: contractual only. an increase in retained earnings. a decrease in total retained eamings. None of these answers is correct