Which of the following is not an equity account? (a) Share capital. (b) Reserves. (c) Retained earnings.

Question:

Which of the following is not an equity account?

(a) Share capital.

(b) Reserves.

(c) Retained earnings.

(d) Dividends payable.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial Accounting Reporting, Analysis And Decision Making

ISBN: 9780730363279

6th Edition

Authors: Shirley Carlon

See More Books

Question Posted: May 10, 2024 01:00 AM

See More Questions

Ques 1: What is the major complaint by firms concerning the Sarbanes-Oxley act of 2012? A. the legislative maximum allowable compensation for a CEO. B. the legal requirement to disclose project...
(Multiple-Choice) 1. Which of the following is a characteristic of a corporation? a. No income tax b. Mutual agency c. Limited liability of stockholders d. Both a and b 2. Home Team, Inc., issues...
(Multiple-Choice) 1. Which of the following is a characteristic of a corporation? a. No income tax b. Mutual agency c. Limited liability of stockholders d. Both a and b 2. Home Team, Inc., issues...
1 of 4 Set 1 UIBS United International Business Schools Class Work Mergers and Acquisitions 1. Rudy's, Inc. and Blackstone, Inc. are all-equity firms. Rudy's has 1,500 shares outstanding at al market...
What is the difference between a virtual and a real image? Describe a method for demonstrating the presence of a real image.
Callaway Associates, Inc. is considering the following mutually exclusive projects. Callaways Cost of capital is 12%. a. Calculate each projects NPV and IRR. b. Which project should be undertaken?...
Cotton, Corp., uses the allowance method to account for uncollectible accounts. On May 31,2010, Allowance for Uncollectible Accounts has a $1,300 credit bal ance. Journalize the year-end adjusting...
There are 200 pounds of food on an island that must be allocated between 2 marooned sailors. The utility function of the first sailor is given by Utility = F1 Where F1 is the quantity of food...
Evaluate ii. 1/3 2dx /6 1+sinx iii. S dx 21-x [5] [5]
Which of the following decreases retained earnings? (a) Share dividends declared. (b) Payment of a cash dividend previously declared. (c) Transfer from reserves. (d) Profit after tax.
Retained earnings are: (a) increased by cash dividends declared. (b) increased by all dividends declared. (c) decreased by transfers to reserves. (d) increased by losses after tax.
What is the public interface of a class? How does it differ from the implementation of a class?
After reading about financial analysis this week, you decide to put your newfound knowledge to work and consider investing in a few manufacturing firms. What industry would you look at first? What...
1). Multinational companies may be less risky than domestic companies. Do you understand that this is or is not correct? Support your answer. 20 points 2) The internationalization process tends to...
This week, you will write a review of literature based on the technology you are investigating for Robotic Process Automation. A review of literature may be defined as an analysis of published...
Five completing philosophies strongly influence the role of marketing and marketing activities within an organization. Name and briefly describe each of these five philosophies.
Describe the activities of a cost management control system. We are defining an enterprise as an organization which has a purpose to provide for others. This can be a governmental unit (Federal,...
A ball whirls around in a vertical circle at the end of a string. If the total energy of the ballEarth system remains constant, show that the tension in the string at the bottom is greater than the...
Borrowing costs should be recognised as an expense and charged to the profit and loss account of the period in which they are incurred : A. If the borrowing costs relate to qualifying asset B. If the...

Which of the following is not an equity account? (a) Share capital. (b) Reserves. (c) Retained earnings.

Question:

Step by Step Answer:

Financial Accounting Reporting, Analysis And Decision Making

Students also viewed these Business questions