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Question 46 (5 points) Accounts receivable are listed on the balance sheet according to GAAP at which of the following values? Net Realizable Value O

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Question 46 (5 points) Accounts receivable are listed on the balance sheet according to GAAP at which of the following values? Net Realizable Value O Cost o Cost less accumulated depreciation Fair Market Value Question 48 (5 points) When reporting stockholders equity transactions in the financial statements, which of the following is true? All cash flow transactions dealing with equity are reported in the investing section of the cash flow statement. The statement of stockholders equity shows the changes to each item listed in the stockholders equity section of the balance sheet. Details about stock including par value, shares authorized and issued are reported on the income statement The resale of treasury stock would not affect additional paid in capital as reported on the balance sheet

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