Liabilities and stockholders equity Flashcards

1
Q

1-Current liabilities

A

Accounts payable +
Notes payable +
Accrued expenses +
Total current liabilities =

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2
Q

2-Long term liabilities

A

Bonds payable +
Total liabilities =

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3
Q

3-Stockholders’ Equity

A

Preferred stock +
Common stock +
Capital paid in excess of par (common stock) +
Retained earnings +
Total stockholders’ equity =

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