When Reporting Stockholders' Equity on the Balance Sheet,a Corporation Lists

question 24

Multiple Choice

When reporting stockholders' equity on the balance sheet,a corporation lists the accounts in the following order:

• A)Retained Earnings,Preferred Stock,Common Stock.
• B)Common Stock,Preferred Stock,Additional Paid-in Capital,Retained Earnings.
• C)Preferred Stock,Common Stock,Additional Paid-in Capital,Retained Earnings.
• D)Retained Earnings,Common Stock,Paid-in Capital in Excess of Par-Common.