appropriated retained earnings definition
A second retained earnings account that reports the amount that a company has transferred from the unappropriated or regular retained earnings account.
A second retained earnings account that reports the amount that a company has transferred from the unappropriated or regular retained earnings account.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com