ACC 304 Course Great Wisdom / tutorialrank.com ACC 304 Course Great Wisdom / tutorialrank.com | Page 338

a. contributed capital and appropriated capital.

b. appropriated capital and retained earnings.

c. retained earnings and unappropriated capital.

d. earned capital and contributed capital.

29. The accounting problem in a lump sum issuance is the
allocation of proceeds between the classes of securities. An
acceptable method of allocation is the