answersLogoWhite

0

AllQ&AStudy Guides
Best answer

Yes, since this account (Retained Earnings) is a credit account and an uppropriate retained earnings account is simply a non-restricted account which is Retained Earnings !!!

Even the restricted/ appropriate retained earnings are credited.

Q: Is unappropriated retained earnings credit?
This answer is:
Related answers

Yes, since this account (Retained Earnings) is a credit account and an uppropriate retained earnings account is simply a non-restricted account which is Retained Earnings !!!

Even the restricted/ appropriate retained earnings are credited.

View page

Stetement of retained earnings summarizes the changes occured in retained earnings from opening balance to closing balance.

View page

A new business has no retained earnings. Retained earnings are prior years earnings that have not been distributed to the shareholders... if it is a brand new business there is no possible way to have retained earnings at inception date.

View page

Retained Earnings is a Non-Current Liability

View page

NO, the retained earnings would be in the equity part of the equation.

View page
Featured study guide

Judaism

17 cards

What is the similarity between retained earnings and common stock accounts

There were widespread agrarian societies during the

What characteristic nod classical civilizations was NOT inherited from river valley civilizations

What is alike between Hinduism and Buddhism

➡️
See all cards
3.0
☆★☆★☆★☆★☆★
2 Reviews
More study guides

Judaism

15 cards

What does a river valley mean

What is the importance of the Four Noble Truths and the Eightfold path

What accurately describes Siddhartha Gautama the founder of Buddhism

Why did Hinduism develop as a polytheistic religion

➡️
See all cards
☆★☆★☆★☆★☆★
No Reviews

Axum

20 cards

How do travel routes of today differ from the trade routes of classical era civilizations

Which is not a feature of an obelisk

How were the Maya able to construct elaborate sculptures without the use of metal tools

Which type of people would have been influenced by the Olmec

➡️
See all cards
☆★☆★☆★☆★☆★
No Reviews
Search results

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Use Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.