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please let me know if these are correct answers :) Which of the following entries records the purchase of common stock by stockholders? Oa. debit
please let me know if these are correct answers :) Which of the following entries records the purchase of common stock by stockholders? Oa. debit Common Stock; credit Accounts Receivable Ob. debit Dividends; credit Cash c. debit Cash; credit Common Stock Od. debit Fees Earned; credit Common Stock Which of the following errors, each considered individually, would cause the trial balance totals to be unequal? A payment of $121 for insurance was posted as a debit of $71 to Prepaid Insurance and a credit of $71 to Cash. A payment of $449 to a creditor was posted as a debit of $4,497 to Accounts Payable and a credit of $449 to Cash O Cash received from customers on account was posted as a debit of S163 to Cash and a credit of $163 to Accounts Payable, O A transaction was not posted If total assets decreased by $48,761 during a period of time and stockholders' equity Increased by $29,963 during the same period, then the amount and direction (increase or decrease) of the period's change in total liabilities is B. 578,734 decrease Ob. 378.724 increase Oc. $22.202 increase Od 548,761 decrease 27 total liabilitles decreased by $23,012 during a period of time and stockholders' equity increased by $33,624 during the same period, the amount and direction (increase or decrease of the period's change in total assets is a B 310.512 decre b. 510,612 in Oc. 523.012 dece Od 23.012 in
please let me know if these are correct answers :)
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