Which of the following belongs to owners’equity?
A: prepaid expense
B: notes payable
C: capital stock
D: mortgages payable
A: prepaid expense
B: notes payable
C: capital stock
D: mortgages payable
举一反三
- Which of the following belongs to the long-term liabilities? A: retained earnings B: capital stock C: dividends payable D: bonds payable
- Which<br/>of the following accounts is NOT a liability? ( ) A: Accounts Payable B: Notes Payable C: Salaries Payable D: Accounts Receivable
- Which of the following belongs to owners’equity?
- 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
- Which ones are included by liabilities? A: Notes payable B: Rent revenue C: Accounts payable D: Taxes payable