Quiz 18.138 – Terms and Phrases
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Match each phrase with its corresponding terminology, cumulative, share issue cost, etc…
Match each phrase with its corresponding terminology, cumulative, share issue cost, etc…
Match each phrase with its corresponding terminology, treasury stock, restriction of retained earnings, etc…
How is Paid-in capital in excess of par reported?
Identify the effect on retained earnings of the transactions stated, increase, decrease, no effect.
How are Treasury Shares most commonly reported?
What is the calculation of net assets for a corporation?
How must the details of each class of stock be reported?
What causes changes in shareholders’ equity that are reported in the statement of shareholders’ equity?
What is accumulated other comprehensive income?
What does a statement of comprehensive income include?