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Johnson Company has retained earnings balance of $550,000 at the end of 2020. During 2020 Johnson issued $200,000 of 10 years, 10% bonds. As part of the bond issue, each year $20,000 of retained earnings will be unavailable to pay dividends. Required: Show the proper reporting requirements for Johnson's retained earnings restriction. on the statement of shareholders' equity. Information regarding the Johnson Company would appropriations Johnson Company has retained earnings balance of $550,000 at the end of 2020. During 2020 Johnson issued $200,000 of 10 years, 10% bonds. As part of the bond issue, each year $20,000 of retained earnings will be unavailable to pay dividends. Required: Show the proper reporting requirements for Johnson's retained earnings restriction. quity. Information regarding the Johnson Company would appropriations only report the appropriated retained earnings balance only report the unappropriated retained earnings balance report the total retained earnings balance Johnson Company has retained earnings balance of $550,000 at the end of 2020. During 2020 Johnson issued $200,000 of 10 years, 10% bonds. As part of the bond issue, each year $20,000 of retained earnings will be unavailable to pay dividends. Required: Show the proper reporting requirements for Johnson's retained earnings restriction. on the statement of shareholders' equity. Information regarding the Johnson Company would appropriation is found in the footnotes to the financial statements. is found on the statement of shareholders' equity. is not required to be disclosed

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