Listed below are several accounts of Jake Company. Required : Indicate below whi
ID: 2535177 • Letter: L
Question
Listed below are several accounts of Jake Company.
Required: Indicate below which accounts comprise the stockholders' equty section of Jake Company by checking the appropriate boxes next to your answers.
NOTE: THIS IS A MULTIPLE ANSWER QUESTION WITH MORE THAN ONE ANSWER
Treasury stock (at cost)
Additional paid-in capital from treasury stock
Deferred compensation payable-stock options
Bonds payable
Additional paid-in capital on common stock
Common stock, $1 par
Common stock option warrants
Retained earnings
Donated capital
Unrealized increase in value of available for sale securities
A.Treasury stock (at cost)
B.Additional paid-in capital from treasury stock
C.Deferred compensation payable-stock options
D.Bonds payable
E.Additional paid-in capital on common stock
F.Common stock, $1 par
G.Common stock option warrants
H.Retained earnings
I.Donated capital
J.Unrealized increase in value of available for sale securities
Explanation / Answer
Answer.
Accounts which comprises stockholder's equity section of Jake Company are:
1. Treasury stock (at cost)
2. Additional paid-in capital from treausury stock
3. Common stock, $1 par
4. Retained earnings
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