Question Details

Restricted retained earnings are available for preferred stock 



true or false:
1.	Retained earnings that are restricted are unavailable for dividends.


	2.	Restricted retained earnings are available for preferred stock dividends but unavailable for common stock dividends.

	3.	A retained earnings statement shows the same information as a corporation income statement.

	4.	A detailed stockholders' equity section in the balance sheet will list the names of individuals who are eligible to receive dividends on the date of record.

	5.	Common Stock Dividends Distributable is shown within the Paid-in Capital subdivision of the stockholders' equity section of the balance sheet.




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