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    Daisy2's Avatar
    Daisy2 Posts: 5, Reputation: 1
    New Member
    		  
    #1

    Feb 8, 2007, 05:19 PM
    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.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    Feb 8, 2007, 10:28 PM
    d. Stock investment in affiliate.

    Because that will show up as an asset, the rest in the equity section
    Too Short's Avatar
    Too Short Posts: 85, Reputation: -1
    Junior Member
    		  
    #3

    Feb 10, 2007, 11:02 PM
    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
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #4

    Feb 11, 2007, 01:57 PM
    Quote Originally Posted by Too Short
    Capital stock

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