The following is a list of accounts: Treasury stock.............Interest payable Interest revenue .............. Common stock Buildings .........................Cost
Question:
Treasury stock.............Interest payable
Interest revenue .............. Common stock
Buildings .........................Cost of sales
Dividends ........................Administrative expense
Accounts payable ............Additional paid-in capital
Retained earnings ............Cash
Required
Identify if each account would appear on the balance sheet, income statement, and/or statement of stockholders' equity. Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...
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