Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the balance of an appropriated retained earnings a

The balance of an appropriated retained earnings account is reduced Multiple Choice when net...

80.2K

Verified Solution

Question

Accounting

The balance of an appropriated retained earnings account is reduced

Multiple Choice

when net income is known for the year.

as expenses are accrued.

when the board of directors passes a resolution to return the amount to unappropriated retained earnings.

as payments are made.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

2018 Fiscal Year for XYZ Hospital Depreciation: 448,350 Insurance expense: 373,030 Interest expense: 280,450 Investment income: 270,900 Repairs/maintenance: 222,740 Patient Services...

Advance Math
1.2K views

Runaways The FBI has stated that most runaways are females. A recent sampling of 90 cases...

Geometry
1.2K views

Is parallelogram UVWX a rhombus U 70 74 X W

Calculus
1.2K views

When Greg s father was in high school he ran the 55 yd race Greg...

Calculus
1.2K views

3 Three line segments of length 1 are joined together at endpoints to form a...

Accounting
1.2K views

December 31, 2023, Small INC. sold product to Large Corp., accepting a 3\%, four-year promissory...

Accounting
1.2K views

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on...

Accounting
1.2K views

Dinham Kennel uses tenant-days as its measure of activity, an animal housed in the kennel...

Accounting
1.2K views

age 13 of 30) Received cash on account from customer would be recorded in Cash...

Finance
1.2K views

Steve is the founder of George & Ketron. Recently, the firm decide to issue an...

Finance
1.2K views

Need help with the two questions below. thanks eBook NPVS, IRRs, and MIRRs...

Accounting
1.2K views

explain the concept of an implicit tax and how implicit taxes are related to the...