1.) Significant changes to stockholders equity, such as changes in stock and paid in capital accounts, are reported in the

A.)income statement

B.) retained earnings statement

C.) statement of stockholder's equity

D.) statement of cash flows

(This was already posted once. There is only one answer to this question, not multiple) - 2 Questions attached

2.)

Assuming a 360-day year, the interest charged by the bank at the rate of 6% on a 90-day discounted note payable of $100,000 is

	A.)	$6,000
	B.)	$1,500
		C.) $500
	D.)	$3,000