same depreciation method for all of its depreciable assets d 21. It is necessary for a company to use the a. True b. False 22. Capital espenditures are costs that are charged to stockholders' equity accounts. a. True b. False the amount invested by the 23. The financial loss that each stockholder in a corporation can incur is usually limited to stockholder. a. True b. False 24. Organizational expenses are classified as intangible assets on the balance sheet a. True b. False 25. The declaration of a cash dividend decreases a corporation's stockholders' equity and decreases its assets. a. True b. False 26, A 10% stock dividend will increase the number of shares outstanding but the book value per share will decrease. a. True b. False Multiple Choice Indicate the answer choice that best completes the statement or answers the question 27. Under the direct write-off method of accounting for uncollectible accounts, Bad Debts Expense is debited a. at the end of each accounting period b. when a credit sale is past due c. whenever a predetermined amount of credit sales have been made d. when an account is determined to be worthless hased for $6,000 on September 2 subject to terms of 2/10, n/30, FOB destination. Freight costs paid by the seller totaled $200. What is the required payment if paid on September 12? a. $6,120 b. $5,940 c. $6,090 d. $5.880