Which of the following is represented by elements of the statement of stockholders' equity? a. earnings...
Which of the following is represented by elements of the statement of stockholders' equity?
a. earnings not distributed to owners
b. common stock reinvested in the business
c. financing from creditors and stockholders
d. revenues plus dividends and expenses
Homework Answers
Correct answer----------a. earnings not distributed to owners
.
Retained earnings statement show the amount of retained earnings added to stockholders equity which is equal to Net income less dividends.
Financing from creditors is not a part of stockholder's equity.
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Which of the following is represented by elements of the
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Intermediate Accounting II Bus 203 Stockholders' Equity & Earnings Per Share REVIEW Which of the following transactions does not result in a decrease to retained earnings? a. Declaration of a cash dividend b. Payment of a cash dividend c. Incurrence of a net loss for the period d. A prior period adjustment (correction of an error) in which revenue was overstated 2. How should a loss from the sale of Treasury Stock be reflected in the accounts when using the...
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