Question 9
Which of the following facts would require a lessee to classify a lease as a capital lease?
Question 10
When a lessee makes periodic cash payments for a capital lease, which of the following accounts is decreased?
Question 11
Which of the following is not a required disclosure by a lessor of a sales-type lease?
Question 12
A capital lease should be recorded in the lessee ' s accounts at the inception of the lease in an amount equal to
Question 13
When stock options are exercised by an employee under a compensatory stock option plan, the issuance of the common stock is recorded at the
Question 14
Under the cost method of accounting for treasury stock transactions, when the proceeds from a sale are greater than the cost, the excess over cost is treated as a( n)
Question 15
Which of the following represents shares of stock that will be issued upon completion of an installment purchase contract?
Question 16
Preferred stockholders share with common stockholders in any " extra " dividends when the preferred stock is