What is Restricted Retained Earnings? Definition Meaning Example

In many states and countries, there are laws to protect creditors who loan money to corporations. This safeguards the creditors and ensures that the company has at least a percentage of its profits for debt repayment. Restricted retained earnings are reported in the...

What is Restricted Retained Earnings? Definition Meaning Example

In many states and countries, there are laws to protect creditors who loan money to corporations. This safeguards the creditors and ensures that the company has at least a percentage of its profits for debt repayment. Restricted retained earnings are reported in the...