A decrease in liabilities is recorded as a:

What is wages payable considered?

Acme company has a beginning year Retained earnings balance of $10,000, Net income for the year of $5,000 and declares dividends totaling $3,000. What is the ending Retained earnings balance?

The personal assets of the owner of a company will not appear on the company's balance sheet because of which principle/guideline?

Which of the following is a long term asset?

Which of these is a Debit account?

Revenues are deferred to a balance sheet liability account until they are earned in a later period. The account is called:

Where would purchased treasury stock with cash be classified on the Statement of cashflows?

MJG Company has the following information: *Net Loss = 100,000 *Total Assets = 3,000,000 *Common Stock, Dec 31 = 1,000,000 *Additional Paid in Capital = 500,000 *Dividends Declared = 700,000 The debt-to-equity ratio is 50% at December 31. What was the retained earnings on January 1?

Miller Investments has $50,000 in liabilities and $50,000 in stockholders’ equity. If Miller issues debt with warrants of $50,000, and attached warrants are valued at $10,000, the firm’s debt-to-equity ratio after the issue will be:

What is a definition of appropriated retained earnings?