Appropriated retained earnings are generally available for dividends distributionGroup of answer choicesTrueFalse

It refers to the amount of accumulated profits and gains realized out of the normal and continuous operations of the corporation after deducting therefrom distributions to stockholders and transfers to capital stock or other accounts, and which is not appropriated for definite corporate expansion projects or programs, not covered by a restriction for dividend declaration under a loan agreement, and not required to be retained under special circumstances obtaining in the corporation, such as when there is a need for a special reserve for probable contingencies.Group of answer choicesStock dividendsBonded indebtednessCash dividendsUnrestricted retained earnings

If retained earnings increases from the beginning of the year to the end of the year, then:Group of answer choicesprofit is less than dividends paid.profit is greater than dividends paid.additional investments are less than losses.dividends paid are greater than profit.

Stock dividends payable is classified in the balance sheet under liabilitiesGroup of answer choicesTrueFalse

What is the presentation of dividend received on preferred shares?Group of answer choicesDeducted from Retained EarningsDeducted from share premiumOther income as part of Profit or lossFinance cost as component of other Comprehensive income

Dividends paid: Group of answer choices increase assets. increase expenses. decrease revenues. decrease retained earnings.