What is the difference between restricted and unrestricted retained earnings? Why would some retained earnings be restricted?

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What is the difference between restricted and unrestricted retained earnings? Why would some retained earnings be restricted? Prepare the journal entries used to make a
restriction.

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Accounting Introduction To Financial Accounting

ISBN: 9781517089719

1st Edition

Authors: Henry Dauderis, David Annand

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Question Posted: Apr 26, 2016 09:42 AM

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What is the difference between restricted and unrestricted retained earnings? Why would some retained earnings be restricted?

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Unrestricted retained earnings are those that are available for the payment of divide...View the full answer

Accounting Introduction To Financial Accounting

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