For large publicly listed companies, confirming shares issued to existing stockholders should not be done when gathering evidence for the capital stock account, as it does not provide relevant information. A small stock dividend will not directly affect retained earnings. Total shareholder's equity is affected by the acquisition of treasury shares at a cost higher than the fair value of ordinary share capital. Share warrants outstanding should not be included in a company's reserves.
For large publicly listed companies, confirming shares issued to existing stockholders should not be done when gathering evidence for the capital stock account, as it does not provide relevant information. A small stock dividend will not directly affect retained earnings. Total shareholder's equity is affected by the acquisition of treasury shares at a cost higher than the fair value of ordinary share capital. Share warrants outstanding should not be included in a company's reserves.
For large publicly listed companies, confirming shares issued to existing stockholders should not be done when gathering evidence for the capital stock account, as it does not provide relevant information. A small stock dividend will not directly affect retained earnings. Total shareholder's equity is affected by the acquisition of treasury shares at a cost higher than the fair value of ordinary share capital. Share warrants outstanding should not be included in a company's reserves.
For large publicly listed and traded companies, which of the following
should not be done as a step in gathering evidence concerning the
company's capital stock account:
Accounting for the proceeds of major stock issues
Analysis of capital stock accounts Confirmation of Shares issued to existing stockholders Reconciliation of stock certificate book with the general ledger Which of the following transactions will not have a direct effect on a company's Retained Earnings account?
Declaration and Issuance of Small Stock Dividend
Exchange of Building for an Equipment where the fair value of the building exchanged is lower than the fair value of the equipment acquired Acquisition of Treasury Share at cost Higher than Ordinary Share Capital Fair Value Declaration and Issuance of Large Stock Dividend Total shareholder's Equity is not affected by the transactions below, except:
Acquisition of Treasury Shares at cost lower than fair value of
Ordinary Share Capital Legal Appropriation of Retained Earnings for Treasury Shares Payment of Cash Dividends Appropriation of Retained Earnings to be used for plant expansion Which of the following items should not be included in a company's Reserves?
Share warrants outstanding
Retained Earnings Appropriated for Plant Expansion Unappropriated Retained Earnings Retained Earnings Appropriated for Treasury Shares Payment received in excess of the par value of shares issued