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Dylan Jones cct 210 final Section 1 - Protected View - Saved to this PC Search Layout References Mailings Review View et can contain viruses.

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Dylan Jones cct 210 final Section 1 - Protected View - Saved to this PC Search Layout References Mailings Review View et can contain viruses. Unless you need to edit, it's cater to stay in Protected View Help Enable Editing 9. Which of the following will not cause a change in the stockholders' equity of a business? A) An increase in cash. B) An increase in retained earnings C) The sale of common stock D) The declaration and payment of dividends. 10. Collection of a $1,000 Accounts Receivable A) increases an asset $1,000 decreases an asset S1,000, B) increases an asset 51,000: decreases a liability S1.000. o decreases a liability S1,000, increases stockholders' equity $1,000 D) decreases an asset $1,000; decreases a liability S1,000. 11. As of December 31, 2015, Calexico Company has assets of S42,000 and stockholders' equity of S20,000. What are the liabilities for Calexico Company as of December 31, 2015? A) $22,000 B) $20,000 C) $42,000 D) S62,000 12. The left side of an account is A) blank. B) a description of the account. C) the debit side. D) the balance of the account. DF ? 2 ORD

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