Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following items doesnt belong to equity? A. Distribution of dividends B. Issuance of ordinary shares C. Retained earnings D. Gain on sale

image text in transcribed

Which of the following items doesnt belong to equity?

A. Distribution of dividends

B. Issuance of ordinary shares

C. Retained earnings

D. Gain on sale of investments

A Moving to another question will save this response. Question 8 Which of the following items doesn't belong to equity? O A. Distribution of dividends O B. Issuance of ordinary shares O C. Retained earnings O D. Gain on sale of investments

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Data And Analytics In Accounting An Integrated Approach

Authors: Guido Geerts, Ann C. Dzuranin, Margarita Lenk

1st Edition

1119722993, 978-1119722991

More Books

Students also viewed these Accounting questions

Question

Briefly describe the five principles of succession planning.

Answered: 1 week ago

Question

What are the disadvantages of succession planning?

Answered: 1 week ago