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Mariulka [41]
3 years ago
9

For each item below, indicate to which category of elements of financial statements it belongs.

Business
1 answer:
valina [46]3 years ago
7 0

Answer: (a) Retained earnings = Equity.

(b) Sales = Revenues.

(c) Additional paid-in capital = Equity.

(d) Inventory = Assets.

(e) Depreciation = Expenses.

(f) Loss on sale of equipment = Losses.

(g) Interest payable = Liability.

(h) Dividends = Dividends payable are a liability. Dividends paid are a decrease in the accumulated results of the company as they are distributed to the owners.

(i) Gain on sale of investment = Gains.

(j) Issuance of common stock =  are investments by the owners that become part of the capital.

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Marcus should control his emotions

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Sometimes there is a backlash from employees regarding mandatory diversity training. One possible solution that has some researc
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Option C

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3 years ago
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3 0
3 years ago
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