Question: Please explain why is true or false PARTI:ANSWER TRUE OR FALSE AND EXPLAIN FULLY! POINTS) 8 POINTS EACH OR 48 TOTAL 1. The cash paid
PARTI:ANSWER TRUE OR FALSE AND EXPLAIN FULLY! POINTS) 8 POINTS EACH OR 48 TOTAL 1. The cash paid for interest will always be greater than interest expense when using effective- interest amortization for a bond. 2. If a long-term note payable has a stated interest rate, that rate should be considered to be the effective rate. 3. Stockholders Equity consists of Contributed Capital and Earned Capital. The Earned Capital category consists of Retained Earnings and Additional Paid In Capital. covers several years should all be recognized in the period the warranty is sold. market price fluctuation caused by the stock issuance. rerau 4. To implement the matching principle, the expected profit from a sales type warranty that 5. A large stock dividend is accounted for using the market value since there is no expected 6. A Stock Dividend Distributable should appear as a current liability on the balance sheet since the stock will be issued within one year or one operating cycle whichever is greater PARTI:ANSWER TRUE OR FALSE AND EXPLAIN FULLY! POINTS) 8 POINTS EACH OR 48 TOTAL 1. The cash paid for interest will always be greater than interest expense when using effective- interest amortization for a bond. 2. If a long-term note payable has a stated interest rate, that rate should be considered to be the effective rate. 3. Stockholders Equity consists of Contributed Capital and Earned Capital. The Earned Capital category consists of Retained Earnings and Additional Paid In Capital. covers several years should all be recognized in the period the warranty is sold. market price fluctuation caused by the stock issuance. rerau 4. To implement the matching principle, the expected profit from a sales type warranty that 5. A large stock dividend is accounted for using the market value since there is no expected 6. A Stock Dividend Distributable should appear as a current liability on the balance sheet since the stock will be issued within one year or one operating cycle whichever is greater
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