Question: Please help me solve this! Assessment 4 To comply with restrictive hand... To comply with restrictive bond covenants, Chang Corporation appropriated $90,000 of retained earnings.

Please help me solve this!

Assessment 4 To comply with restrictive hand... To comply with restrictive bond covenants, Chang Corporation appropriated $90,000 of retained earnings. Which of the following shows how the appropriation will affect Chang's nancial statements? Multiple Choice Balance Sheet Retained Appropriated Earnings Retained Earnings Balance Sheet Retained Appropriated Earnings Retained Earnings _ 9am Balance Sheet Retained Appropriated Earnings Retained Earnings (90,000) 90,000 Balance Sheet Income Statement \"-- l- I Income Statement Income Statement Income Statement Cannon Retained Appropriated Assets stock Earnings Retained Earnings net Inc . Statement of Cash Flow: Statement of Cash Flows I Statement of Cash Flow: Statement of Cash Flows IUD-nIl-m-E\

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