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Question 9 Shares of stock reacquired by the issuing company are called O par va

ID: 2534068 • Letter: Q

Question

Question 9 Shares of stock reacquired by the issuing company are called O par value stock. stock subscription. O treasury stock. O no-par value stock Question 10 The premium on bonds payable account would be classified as a(n) O current liability contra-liability O adjunct-liability contra-asset Question 11 Under the direct method, the financing section of the statement of cash flows starts with cash sales is always identical to the financing section under the indirect method includes the addition of the accumulated depreciation balance. includes the issuance of stock for noncash assets

Explanation / Answer

Answer:

9.Treasury Stock

10.adjunct liability

11.is always identical to financing section under Indirect method

12.credit to cash

13.Contra Stockholders equity

14.Cash paid for new equipment

15.added to net income

16.days

17.profitability

18.Stock dividend

19.authorized stock

20.it includes all working capital accounts

21.interest received on loans made to other companies

22.Retained Earnings

23.government regulation

24.ratio of liabilities to stockholders equity

25.debit to interest expense;debit to discount payable ; credit cash

1.Issue of bonds for cash

2.

3.Retained Earnings

4.profitability

5.return on equity

6.interest expense to decrease each period

7.convertible bonds

8.Retained Earnings