Hello, I am 2 questions away from completing my homework assignment, however I cannot locate the answers to these:
In the stockholders' equity section of the balance sheet
a. Common Stock Dividends Distributable will be classified as part of additional paid-in capital.
b. Common Stock Dividends Distributable will appear in its own subsection of the stockholders’ equity.
c. Additional Paid-in Capital appears under the sub-section paid-in capital.
d. Dividends in Arrears will appear as a restriction of retained earnings.
2. Two classifications appearing in the paid-in capital section of the balance sheet are
a. preferred stock and common stock.
b. paid-in capital and retained earnings.
c. capital stock and additional paid-in capital.
d. capital stock and treasury stock.
Thank you!
In the stockholders' equity section of the balance sheet
a. Common Stock Dividends Distributable will be classified as part of additional paid-in capital.
b. Common Stock Dividends Distributable will appear in its own subsection of the stockholders’ equity.
c. Additional Paid-in Capital appears under the sub-section paid-in capital.
d. Dividends in Arrears will appear as a restriction of retained earnings.
2. Two classifications appearing in the paid-in capital section of the balance sheet are
a. preferred stock and common stock.
b. paid-in capital and retained earnings.
c. capital stock and additional paid-in capital.
d. capital stock and treasury stock.
Thank you!