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Which of die following would increase retained earnings? A. An increase in expenses. B. An increase in revenues. C. Declaring a cash dividend. D. Issuing

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Which of die following would increase retained earnings? A. An increase in expenses. B. An increase in revenues. C. Declaring a cash dividend. D. Issuing additional common stock. Assets for a particular business might include A. cash, accounts payable, and notes payable. B. cash, retained earnings, and accounts receivable. C. cash, accounts receivable, and inventory. D. inventories, property and equipment, and contributed capital. The two categories of stockholders' equity usually found on the balance sheet of a corporation are A. contributed capital and long-term liabilities. B. contributed capital and property, plant, and equipment. C. retained earnings and notes payable. D. contributed capital and retained earnings. At the beginning of 2010, a corporation had assets of $270,000 and liabilities of $160,000. During 2010, assets increased $25,000 and liabilities increased $5,000. What was stockholders-equity on December 31, 2010? A. $140,000 B. $130,000 C. $190,000 D. $80,000

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