Question Details

Information that is not generally reported for each class 



1. Each of the following is reported for common stock except the
a. par value.
b. shares issued.
c. shares outstanding.
d. liquidation value.
2. Paid-in capital from treasury stock would appear on a balance sheet under the category
a. capital stock.
b. treasury stock.
c. additional paid-in capital.
d. contra to owners' equity.
3. Two classifications appearing in the paid-in capital section of the balance sheet are
a. preferred stock and common stock.
b. paid-in capital and retained earnings.
c. capital stock and additional paid-in capital.
d. capital stock and treasury stock.
4. Information that is not generally reported for each class of stock on the balance sheet is
a. the market value.
b. the par value.
c. shares authorized.
d. shares issued.
5. In published annual reports
a. subclassifications within the stockholders’ equity section are routinely reported in
detail.
b. capital surplus is used in place of retained earnings.
c. the individual sources of additional paid-in capital are often combined.
d. retained earnings is often not shown separately.




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