Accruing Interest Expense will: Select one: a. Increase total liabilities b. Increase total assets c. Not affect stockholders' equity d. Increase net income e. Not affect total liabilities The following items appeared on the January 31 bank reconciliations for Darren Company Bank Service Charge: 58 NSF Check: $40 Outstanding Checks: 580 Deposit in Transit: 530 Error Deposit by Darren for 5404 was correctly recorded by Darren, but recorded for $440 by the bank. Bank collection of Note Receivable for Darren: 5170 The unadjusted balance per the January 31 bank statement is $2,000 The adjusted cash balance for the January 31 balance sheet is: Select one: a $1,964 b. $2,084 c. $1.914 O d. $1,986 e $2,036 If bonds are issued at a premium, the stated interest rate is Select one: a. higher than the market rate of interest b. lower than the market rate of interest c. too low to attract investors d. the same as the effective rate Preferred stock is least likely to have which of the following characteristics? Select one: a. Preference as to dividends b. The right to the holder to vote at stockholders' meetings c. Preference as to assets upon liquidation of the corporation d. A cumulative feature