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-   -   Multiple choice (https://www.askmehelpdesk.com/showthread.php?t=61345)

  • Feb 8, 2007, 05:19 PM
    Daisy2
    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.
  • Feb 8, 2007, 10:28 PM
    CaptainForest
    d. Stock investment in affiliate.

    Because that will show up as an asset, the rest in the equity section
  • Feb 10, 2007, 11:02 PM
    Too Short
    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
  • Feb 11, 2007, 01:57 PM
    CaptainForest
    Quote:
    Originally Posted by Too Short
    Capital stock

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

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