A: Income.
B: Loss.
C: Cost.
D: Profit.
举一反三
- Revenues can lead to an increase in the owners’ equity, and therefore, the increase in the owners’ equity should be recognized as the income of a firm. ( )
- Which of the following will reduce the owners' equity of the<br/>enterprise? A: Extract for surplus reserve B: Withdrawal of public welfare funds C: Payment of common stock dividends D: Increase capital stock with capital reserve<br/>The
- Which of the following belongs to owners’equity?
- Which of the following belongs to owners’equity? A: prepaid expense B: notes payable C: capital stock D: mortgages payable
- The statement of owners' equity simply list the beginning balance, additions, deductions and ending balance of owners' equity for the accounting period. when capital contributions have been made during the period, we must exame the owners' capital accounts in the general ledger to deternine the exact ending balance of owners' equity.
内容
- 0
When economic profit is positive, A: total revenue exceeds total economic cost. B: the firm’s owners have successfully solved the principle-agent problem. C: the firm’s owners experience an increase in their wealth. D: both a and c E: all of the above
- 1
Which of the following will cause a change in the owners' equity of a business? A: Purchase of equipment with cash B: Payment of the liability with cash C: Investment of cash in the business by the owner D: Sale of equipment for cash at cost
- 2
What are the two types of business owners' equity? A: original capital B: invested capital C: retained earnings D: additional capital
- 3
Which statement regarding the liabilities and owners’ equity section of balance sheet is False? A: Payment of Dividend Payable eliminates both the assets and the owners’ equity. B: Liabilities are debts or obligations that must be discharged in money or services in the future. C: Owners’ equity is a residual claim to the remaining assets after discharge of debts. D: Balance sheet of corporations should separate Capital Stock and Retained Earnings
- 4
The owner's equity is ______. A: the money paid by the owners at inception of a firm B: net worth of a firm C: gross profit of a firm D: the rest resources aside from liabilities