Which of the following would not appear in the owner's equity section of a corporation?
A) W. Muller, Capital
B) Retained earnings
C) Additional paid-in capital
D) Common stock
A
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Direct marketing in the broadcast industry involves
A. ambient advertising and aerial advertising. B. add-on marketing. C. public relations and supplementary promotions. D. direct-response advertising and support advertising. E. a one-step direct-marketing approach to sales.
Which of the following statements is correct regarding partnerships?
A) Accounting for a partnership is similar to accounting for a corporation. B) If the partnership assumes a liability related to an asset invested in the partnership, the partner's capital account is credited and a liability account is debited. C) It is necessary to maintain separate Capital and Withdrawals accounts for each partner. D) All of these choices.
What is meant by the term B2C?
A) Balance to cash B) Business to cash C) Book to capital D) Business to consumer
Larry leases his farm to Tom for a period of twenty years. What interest does Larry have in the land?
a. A vested remainder. b. A reversion. c. A private easement. d. A possibility of reverter.