If a company issues shares of stock, which account is affected? a) Accounts Receivable b) Retained Earnings c) Common Stock d) Inventory

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 39MCQ: Which of the following are not part of common equity? a. preferred stock c. retained earnings b....
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If a company issues shares of stock, which
account is affected?
a) Accounts Receivable
b) Retained Earnings
c) Common Stock
d) Inventory
Transcribed Image Text:If a company issues shares of stock, which account is affected? a) Accounts Receivable b) Retained Earnings c) Common Stock d) Inventory
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