AccountingBLOCK - Accounting Forums - View Single Post - Multiple choice questions that appeared on my quiz

ZaddY · 03-20-2008, 10:41 PM

You have two questions wrong there:

3) D (it is a trick question)
4) D

Shareholders' Equity, beg. of period
- Dividends
+ Premium to book value received from new shares (and vice versa)
+ Comprehensive Earnings (and vice versa)
------------------------------------------
= Shareholders' Equity, end of period (comprehensive income)

03-20-2008, 10:41 PM	#2 (permalink)
ZaddY Status: Owner/Administrator Join Date: Mar 2008 Location: Bay Area, CA Posts: 158	You have two questions wrong there: 3) D (it is a trick question) 4) D Shareholders' Equity, beg. of period - Dividends + Premium to book value received from new shares (and vice versa) + Comprehensive Earnings (and vice versa) ------------------------------------------ = Shareholders' Equity, end of period (comprehensive income) __________________ Zahid H. Lilani