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Demi Moore -- Day Drinkin' and Belly Flashin'

8/17/2010 5:30 AM PDT BY TMZ STAFF

With one hand wrapped around a Corona bottle ... and the other wrapped around a friend's boob -- Demi Moore flashed her ridiculously toned physique outside a house party in Malibu this weekend.

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The world's youngest looking 47-year-old was hanging with her husband Ashton Kutcher ... who appeared to appreciate her intoxicating demeanor ... but eventually confiscated the booze.

 Nothing wrong with a little summer day drinkin' near the beach!

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