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Hi, I have a test regarding my managerial accounting and I have the following questions 8-Retained earnings are a general claim against________. A. creditors B.

Hi, I have a test regarding my managerial accounting and I have the following questions

8-Retained earnings are a general claim against________.

A.creditors B.paid in capital C.total assets D.stockholders

9-On a classified balancesheet, the Equipment account is reduced by________. A.Allowance for Doubtful Accounts B.Depreciation Expense

C.Allowance for Bad Debts D.Accumulated Depreciation

10-Unsecured debt holders are creditors who have________. A.a specific claim against particular assets B.a general claim against fixed assets only C.a specific claim against fixed assets only D.a general claim against total assets11- Treasury stock is shown on the balance sheets as a deduction from________. A.total assetsB.total current assetsC.totalstockholders'equityD.total liabilities

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