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Home > Business & Careers > Accounting   »   multiple choice

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Old Feb 8, 2007, 04:19 PM
Daisy2
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multiple choice
Can someone please help me with this question?

Which of the following would be classified in a different major section of a balance sheet from the others?

a. Capital stock.
b. Common stock subscribed.
c. Stock dividend distributable.
d. Stock investment in affiliate.

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Old Feb 8, 2007, 09:28 PM   #2  
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d. Stock investment in affiliate.

b/c that will show up as an asset, the rest in the equity section
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Old Feb 10, 2007, 10:02 PM   #3  
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Quote:
Originally Posted by Daisy2
Can someone please help me with this question?

Which of the following would be classified in a different major section of a balance sheet from the others?

a. Capital stock.
b. Common stock subscribed.
c. Stock dividend distributable.
d. Stock investment in affiliate.
Capital stock
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Old Feb 11, 2007, 12:57 PM   #4  
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Quote:
Originally Posted by Too Short
Capital stock

Why do you say the answer is Capital Stock, Too Short?
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