What is the proper classification of the following accounts on the balance sheet? For shareholders' equity accounts,

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What is the proper classification of the following accounts on the balance sheet? For shareholders' equity accounts, indicate whether they are share capital, retained earnings, or contra shareholders' equity:

(a) Organisation Costs;

(b) Ordinary Shares;

(c) Treasury Stock;

(d) Share Premium; and

(e) Retained Earnings.

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Financial Accounting A Global Approach

ISBN: 9780395839867

1st Edition

Authors: Sidney J. Gray, Belverd E. Needles

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Question Posted: Jun 16, 2024 04:04 AM

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What is the proper classification of the following accounts on the balance sheet? For shareholders' equity accounts,

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Financial Accounting A Global Approach

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