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

Explanation of Stockholders' Equity: Stockholders' equity represents the shareholders' ownership in…

Answered: MCQ: Financial Accounting Which of the…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter3: Analyzing And Recording Transactions

Section: Chapter Questions

Problem 28MC: What is the impact on the accounting equation when stock is issued, in exchange for assets? A. both...

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MCQ: Financial Accounting Which of the following is NOT a component of stockholders' equity? (a) Retained Earnings (b) Notes Payable (c) Dividends (d) Common Stock
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WHICH OF THE FOLLOWING IS NOT A COMPONENT OF STOCKHOLDERS' EQUITY? A) RETAINED EARNINGS B) COMMON STOCK C) DIVIDENDS D) NOTES PAYABLE
Which type of account is "Treasury Stock"? a) Asset b) Contra-equity c) Liability d) Expense
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
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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
Sales revenue is reported in the stockholder’s equity section of the balance sheet? True/false

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