What kind of transaction is "appropriated reserves"?
A)An example of preferred shares.
B)An example of a transaction with owners.
C)An example of "retained earnings."
D)An example of a"other comprehensive income."

Question

Quizplus · Accepted Answer

Appropriated reserves are a portion of retained earnings that are set aside for a specific purpose, such as future expansion or debt repayment, and are not available for distribution as dividends.

What Kind of Transaction Is "Appropriated Reserves