earnings is limited entirely to the retained earnings section of stockholders equity.This question is false so what makes it true: a restriction on retained earnings is described as a cash fund?
A restricted cash fund is any fund, such as a fund apportioned from retained earnings or stockholders' equity, that is limited to specific uses. Among the restricted uses could be a petty cash fund, dividend payments, or a research %26amp; development fund.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment