Answered: MCQ: Financial Accounting Which of the…

MCQ: Financial Accounting Which of the following is NOT a component of stockholders' equity? (a) Notes Payable (b) Retained Earnings (c) Dividends (d) Common Stock

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter2: Financial Reporting: Its Conceptual Framework

Section: Chapter Questions

Problem 3MC: According to Statement of Financial Accounting Concepts No. 8, to be relevant an earnings report is...

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4 PTS

MCQ: Financial Accounting
Which of the following is NOT a component of
stockholders' equity?
(a) Notes Payable
(b) Retained Earnings
(c) Dividends
(d) Common Stock

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MCQ: Financial Accounting : Which of the following is NOT a component of stockholders' equity? (a) Notes Payable (b) Retained Earnings (c) Dividends (d) Common Stock
I need Solution
Define type
Which type of account is "Treasury Stock"? a) Asset b) Contra-equity c) Liability d) Expense
WHICH OF THE FOLLOWING IS NOT A COMPONENT OF STOCKHOLDERS' EQUITY? A) RETAINED EARNINGS B) COMMON STOCK C) DIVIDENDS D) NOTES PAYABLE
For each item below, indicate to which category of elements of financial statements it belongs. (Asset, liabilities, equity, none of them) a. Retained earnings. c. Share Premium. e. Depreciation. g. Interest payable. i. Gain on sale of investment. b. Sales. d. Inventory. f. Loss on sale of equipment. h. Dividends. j. Issuance of ordinary shares.
The statement of stockholders equity does not include -retained earnings -equity method investments -treasury stock -accumulated other comprehensive income
Provide answer to me
1. Which of the following is not a component of shareholders' equity? a.Loss on sale of equipment b.Dividends payable c.Retained earnings d.Net income
The numerator in the calculation of the ratio of liabilities to stockholders' equity is O a. Total Assets. O b. Total Liabilities minus Total Stockholders' Equity. O c. Total Liabilities. O d. Total Stockholders' Equity.
The accounting equation can be stated as: OA. Assets = Liabilities + Paid - in Capital + Retained Earnings. OB. Assets = Liabilities + Paid - in Capital Common Stock. C. Assets = Liabilities - Paid-in Capital - Dividends. D. Assets + Liabilities = Stockholders' Equity. -
. How does the issuance of common stock affect the accounting equation? a) Increases assets and decreases liabilities b) Increases assets and increases equity c) Increases assets and increases liabilities d) Increases liabilities and decreases equity