Quiz 18.140-144 – Effect on Retained Earnings

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Identify the effect on retained earnings of the transactions stated, increase, decrease, no effect.

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  • Search Terms: a declaration payment retirement % (but (losses) (statement ) = a after assets. ____ assets. ____ payment assuming at balance book capital—excess cash common comprehensive cost cost, cost. ) d declared decrease, dividend). ____ declaration dividend. ____ dividend. ____ a dividend. ____ declaration dividend. ____ issue dividend. ____ net dividend. ____ retirement each earnings effect effect, effected equity financial for form gains greater i in income income ____ asset increase, indicate investments—aoci ____ paid-in is issue less liabilities listed loss more n net no noncash not of on or original other par par ____ ordinary per position) ____ accumulated position) ____ share premium ____ equity premium ____ net previous previously price. ____ issue price. ____ purchase price. ____ resale price. ____ retirement property reduced reserve ____ liabilities reserve ____ share retained revaluation sales. sales. ____ resale share shares ____ common shares ____ preference sheet split stock stock ) stock ____ investment stock. ) stock. ____ resale than the to transactions. ____ a transactions. ____ declaration transactions. ____ preferred treasury use value value. ) which year. ____ year. ____ a year. ____ purchase
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