Option C is the answer Owner's investment |
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Owners' investment increases the stockholders equity. Accounts Payable is a liability account. Dividends paid is the amount paid to the investors as a return for their investment |
8) Which of the following will increase stockholders' equity (2pts) O Accounts Payable Dividends Paid O...
8) Which of the following will increase stockholders' equity (2pts) O Accounts Payable Dividends Paid O O Owners' Investment
Investment (2pts) 9) Which of the following situations increase stockholders equity O Cash is received from customers o Services provided on account 0. Utility bill will be paid next month O Supplies purchased on account
Assets - Liabilities + Stockholders' Equity Retained Earnings Accounts + Receivable Supplies Equipment Accounts Payable Common Stock +$15,000 Revenues Expenses Dividend + $5,000 +$3,000 +$750 $4,500 + $9.400 Service Revenue Cash +$15,000 -2.000 -750 +4,900 - 1,500 -2,000 -850 +450 -3,900 -1,500 -$2,000 Rent Expense -$850 -3,900 -500 Salaries/Wages Expense Utilities Expense (b) Determine how much stockholders' equity increased for the month. Increase in stockholders' equity (c) Compute the amount of net income for the month Net income Toth Company...
Which of the following is true of dividends? O A. Dividends increase assets and decrease total stockholders' equity of a corporation. O B. Dividend payments increase stockholders' equity O C. Dividend payments decrease paid-in capital O D. Dividends are a distribution of cash, stock, or other property to stockholders Click to select your answer 28 MacE esc 名。 FI F2 F3 F4 F5 3
Based on the accounting equation, which of the following accounts will increase stockholders' equity? Equipment. Service Revenue. Cash. Accounts Payable.
Question 10 Plasti-Pak Plastics has the following stockholders' equity accounts and amounts before paying dividends: Paid-in Capital $ 75,000 Retained Earnings 25,000 Total $100,000 Deduct: Treasury Stock 10,000 Total Stockholders' Equity $ 90,000 Assuming that Plasti-Pak Plastics is restricted from declaring dividends that would cause stockholders' equity to be less than total paid-in capital, what is the maximum amount of dividends Plasti-Pak Plastics's board could declare? $70,000 $15,000 $65,000 $25,000 $10,000
Stockholders' Equity section of balance sheet Instructions Accounts and Amount Descriptions Stockholders' Equity Instructions The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year. $3,073,800.00 Common stock, $47 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock 119,000.00 3 261,600.00 Retained Earnings 19,185,100.00 5 Treasury Stock 326,800.00 Prepare the Stockholders' Equity section of the balance sheet as of June 30 using Method 1...
(2pts) 10) Paying expenses affects which financial statement elements O Stockholders' equity only Assets and stockholder's equity Assets and liabilities Assets only O
Mookie, Inc. had the following assets, liabilities, and stockholders' equity balances at 12/31/X1: Accounts Payable, 72; Accounts Receivable, 145; Buildings, 545; Cash, 77 Common Stock, 110; Land, 220; -Notes Payable, 468; Retained Earnings, ??? Unearned Revenue, 98; Supplies, 59. What is the Retained Earnings balance? Report your answer to the nearest dollar. с G Search or type URL Giancarlo Stanton opened a consulting firm, Stanton Consulting. During its first month of business, the following transactions were completed: 1) Giancarlo invested...
Liabilities + Notes Payable + Accounts Payable + Common Stock Revenues Stockholders' Equity Retained Earnings Revenues Expenses Dividends Nona Curry started her own consulting firm, Splish Brothers Inc., on May 1, 2022. The following transactions occurred during the month of May. May 1 Stockholders invested $22,350 cash in the business in exchange for common stock. 2 Paid $894 for office rent for the month. 3 Purchased $745 of supplies on account. 5 Paid $223 to advertise in the County News....