1.

Dividends would appear on

Select one:

a. Income Statement

b. Statement of Retained Earnings

c. Balance Sheet Statement

d. None of the above

2.

If assets increase $80,000 during a given period and liabilities increase $30,000 during the same period, stockholders' equity must have:::If assets increase $80,000 during a given period and liabilities increase $30,000 during the same period, stockholders' equity must have:

Select one:

a. decreased $50,000

b. decreased $40,000

c. increased $50,000

d. increased $30,000

3.

Salary expense would appear on

Select one:

a. Income Statement

b. Statement of Retained Earnings

c. Balance Sheet Statement

d. Statement of Cash Flows