QUESTION 18 section of the stockholders' equity section Common Stock is found in the 1.treasury stock 2. paid in capital 3. retained earnings 4. asset 5. liability When does a corporation record an decrease in Retained Earnings? O 1. on the date of record 2. on the date of issuance 3. on the date of declaration 4. on the date of payment Advantages of debt financing over equity financing are that: 1. control is diluted. 2. repayment of debt principal is optional. 3. more money is available. 4. interest payments on debt are tax deductible. Under the indirect method, a decrease in Inventory would O a. added in the financing section b. subtracted in the investing section O c. added in the operating section O d. added in the investing section O e. subtracted in the operating section f. subtracted in the financing