Exam 19: Corporations: Stock Values, dividends, treasury Stocks, and Retained Earnings

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Using the following accounts: [1]Cash [2]Dividends payable [3]Preferred stock [4]Common stock [5]Dividend distributable [6]Paid-in capital in excess of par common stock [7]Paid-in capital in excess of par preferred stock [8]Paid-in capital from treasury stock [9]Retained earnings [10]Appropriation for plant expansion [11]Treasury stock [12]Income summary Indicate the account(s) to be debited and credited to record the following transactions. -Sold treasury stock at a price below cost when there was not enough paid-in capital from treasury stock to absorb the difference between cost and selling price. Debit ________ & ________ & ________ Credit ________ & ________ & ________

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Which of the following would not be shown on the statement of retained earnings?

(Multiple Choice)
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A prior period adjustment for depreciation would affect what account in the stockholders' equity section?

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