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EDH Imports earned a net income during the current year. The company paid cash dividends and appropriated some of its earnings for future expansion. In
EDH Imports earned a net income during the current year. The company paid cash dividends and appropriated some of its earnings for future expansion. In which order would these items appear on the statement of retained earnings?
a Appropriated retained earnings, unappropriated retained earnings, net income, cash dividends
b Net income, appropriated retained earnings, unappropriated retained earnings, cash dividends
c Unappropriated retained earnings, appropriated retained earnings, cash dividends, net income
d Net income, unappropriated retained earnings, cash dividends, appropriated retained earnings
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