Which of the following terms are most likely to appear in the owners' equity section of a corporate statement of financial position? share capital, revaluation or contributed capital and retained earnings. b. share capital, contributed capital in excess of par and earned surplus. contributed capital, earned surplus and unrealized gains and losses. d. ordinary shares, share premium and retained earnings. a. С. Outstanding shares of stock are a. authorized shares that have not yet been issued. b. shares of stock owned by unknown individuals. С. issued shares that are still in circulation. d. also called treasury shares.

Which of the following terms are most likely to appear in the owners' equity section of a corporate statement of financial position? share capital, revaluation or contributed capital and retained earnings. b. share capital, contributed capital in excess of par and earned surplus. contributed capital, earned surplus and unrealized gains and losses. d. ordinary shares, share premium and retained earnings. a. С. Outstanding shares of stock are a. authorized shares that have not yet been issued. b. shares of stock owned by unknown individuals. С. issued shares that are still in circulation. d. also called treasury shares.

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 16MC: Retained earnings is accurately described by all except which of the following statements? A....

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