Which of the following is a component of stockholders' equity?
A) Retained earnings
B) Notes payable
C) Cash
D) Fixed assets
Correct Answer:
Verified
Q120: Retained earnings is increased by:
A)net income.
B)net loss.
C)dividends.
D)expenses.
Q122: Income taxes owed to the federal government
Q123: Equipment would appear on the:
A)Balance Sheet with
Q124: A net loss occurs when:
A) not enough
Q128: Which financial statement must be prepared before
Q129: Cost of goods sold appears on the:
A)Statement
Q131: The balance sheet contains the:
A)amount of net
Q136: The balance sheet is also known as
Q137: The portion of net income that the
Q148: Accumulated depreciation is normally associated with which
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