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Slav-nsk [51]
3 years ago
11

Turquoise and Topaz Sisters had retained earnings of $10,000 on the balance sheet but disclosed in the footnotes that $2,000 of

retained earnings was restricted for plant expansion and $1,000 was restricted for bond repayments. Cash of $2,000 had been set aside for the plant expansion. How much of retained earnings is available for dividends?
A. $8,000

B. $7,000

C. $5,000

D. $10,000
Business
1 answer:
SpyIntel [72]3 years ago
3 0
$5,000 because 10,000-2,000=8,000 is left then another 2,000 taken out would leave you with 6,000 then 1,000 taken would leave you with $5,000
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Answer:

journal entry  are given below

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solution

journal entry  are

date                              title                                          debit          credit

December 29, 2019    Cash                                        $2000

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note that

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Define incentive. Provide an example of a financial and a non financial incentive....
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An incentive is a thing that motivates or encourages one to do something.

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prohojiy [21]

Answer:

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3 years ago
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hi buddy

here is your answer

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hope it helps

please mark me pls

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Answer:

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