Question: 20 Problems Module a Textbook Problem 20 Learning Objective: 3-16 Show how the appropriation of retained eamings affects financial statements: On Docember 30, Beys Bont

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20 Problems Module a Textbook Problem 20 Learning Objective: 3-16 Show how
the appropriation of retained eamings affects financial statements: On Docember 30, Beys

Problems Module a Textbook Problem 20 Learning Objective: 3-16 Show how the appropriation of retained eamings affects financial statements: On Docember 30, Beys Bont Yard (BBY had $90,000 of cash, $20,000 of liabinties, $30,000 of common stock, and $40,000 of unrestricied retained eamings. On December 31 , Biby appropriated retained earnings in the amount of $18,000 for a future temodeling propect. Aequred a. Record the December 31 appropeation in the following stosements model. In the Cash How column, indicate whether the item is an operating octiviy (OA) investing activity (IA) of financing activaty (F A if an element was not affected by the event, leove the cell blank b. Determine the anount of dividends shat Binr can pay immediately ater the December at appropnation. c. Determine the total amount of retained eatmings immedlately alier the December 3 approptiation d. Determme the total amount of cash immedately aher the December 31 eppropriation Cormelrte Hhis auerabon b in the talis below. Complete this question by entering your answers in the tabs below. b. Determine the amount of dividends that BBY can pay immediately after the December 31 appropriation. c. Determine the total amount of retained eamings immediately after the December 31 appropriation. d. Determine the total amount of cash immediately after the December 31 appropriation

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