These are some accounts I want to know which they came into
Capital shares no par
Loss on sale of equipment
Gain from early extinguishment
Error made in calculating 2006 amortization expense

Capital shares no par ****** BALANCE SHEET
Loss on sale of equipment ** PROFIT & LOSS
Gain from early extinguishment****P & L
Error made in calculating 2006 amortization expense******P & L

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Originally Posted by ROLCAM

capital shares no par ****** BALANCE SHEET
Loss on sale of equipment ** PROFIT & LOSS
gain from early extinguishment****P & L
error made in calculating 2006 amortization expense******P & L

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Thanks can you please tell me the classification of these accounts in balance sheet and income or retained earnings

[QUOTE=benipald3;2045694]Thanks can you please tell me the classification of these accounts in balance sheet and income or retained earningsalso can you tell me what type of account is dividend declared and its classification