Venture Enterprises' accountant determined the following: Common stock, $0.01 par value $50,000 Where would this item be reported on Venture's financial statements?
a. In the Stockholders' Equity section of the balance sheet
b. In the Treasury Stock section of the balance sheet
c. On the statement of retained earnings
d. On both the balance sheet and statement of retained earnings
a
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A pretrial motion is made to try and dispose of all or part of a lawsuit prior to trial.
Answer the following statement true (T) or false (F)
Issuing bonds between interest payment dates will have the effect of decreasing a bond issuance discount or increasing a bond issuance premium
Indicate whether the statement is true or false
Which of the following is not a particularly important type of partnership at the emergence stage of the product life cycle?
a. Standard setting b. Product technology development c. Process technology development d. a and b above e. All of the above
Which of the following refers to unconscionability under the Uniform Commercial Code?
A) The seller was not aware of the defect at the time of purchase. B) The plaintiff is a minor. C) The contract clause is grossly unfair. D) The lawsuit was brought after the expiration date of the statute of repose.