Earnings that are not paid as dividends to stockholders and have cumulative amount are classified as A. non-paid earnings B. common earnings C. retained earnings D. preferred earnings
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Earnings that are not paid as dividends to stockholders and have cumulative amount are classified as A. non-paid earnings B. common earnings C. retained earnings D. preferred
earnings
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- Which of the following does not appear in a statement of retained earnings? a. Net loss b. Prior period error c. Preference share dividend d. Other comprehensive incomeWhich of the following does not decrease retained earnings? Select one: a. Stock dividends b. Cash dividends c. Net loss d. Net incomeWhich of the following regarding retained earnings is false?a. Retained earnings is increased by net income.b. Retained earnings is a component of stockholders’equity on the balance sheet.c. Retained earnings is an asset on the balance sheet.d. Retained earnings represents earnings not distributed tostockholders in the form of dividends
- Dividends are sometimes said to have been paid “out of retained earnings.” What is the error, if any, in that statement?Which of the following does not appear in a statement of retained earnings? Choices; Net loss Preference share dividend Other comprehensive income Prior period errorTrue or False: Dividends declared and paid result in a decrease to the common stock's account balance. Select one: True False
- 1. Which of the following would appear first in a statement of retained earnings? Choices; Cash dividend Prior period error Net income Share dividend 2. Which of the following does not appear in a statement of retained earnings? Choices; Net loss Preference share dividend Other comprehensive income Prior period errorWhat does the statement of stockholders’ equity report? How does the statement of stockholders’ equity differ from the statement of retained earnings?Stockholders' equity consists of paid-in (or contributed) capital and retained earnings. True or False True False
- A stock splita. has no effect on total stockholders’ equity.b. increases assets and stockholders’ equity.c. increases assets and decreases stockholders’ equity.d. decreases assets and increases stockholders’ equityThe statement of stockholders equity does not include -retained earnings -equity method investments -treasury stock -accumulated other comprehensive incomeTRUE OR FALSE?Dividends declared is an addition to retained earnings beginning to compute for the retained earnings ending.
