Ünite Sınavı Soruları

A share split will ......

Which of the following is a financial report that represents the details about the changes in shareholders’ equity for a period of time?

Which one of the following  is a financial report that represents the details about the changes in shareholders’ equity for a period of time?

I. A corporation closes its revenue accounts and expense accounts.

II. To close all the revenue accounts, they should be debited while Income Summary account is credited with the total amount of the revenues.

III. Contrarily, to close all the expense accounts they should be credited while the Income Summary account is debited with the total amount of the expenses.  

IV. In the end, the financial result of the corporation (net income or net loss) for a specific accounting period could be seen on the balance of the Income Summary account.

Which of the premise(s) about the closing process occurs at the end of the accounting period above is/are correct?

I. Sufficient retained earnings

II. Adequate cash

III. Debit balance 

IV. Declared dividends by the board of directors

If a corporation wants to pay cash dividends, which of the things above are required? 

After the decision of paying dividends, three dates are important for a corporation. Which is the order in which the dates related to cash dividends occur?

What is a distribution of a corporation’s own shares to the shareholders as dividends?

Which of the following is all changes in the shareholders’ equity from all sources except owners’ investments and dividends?

Which of the following is a measure of a corporation’s profitability that presents how much profit it generates with each item (TL) of shareholders’ equity?

Which of the following represents the amount of the owner’s equity on the corporation’s
books for each common share?

If a corporation wants to pay cash dividends, Which of the following conditions are required below?

1. Sufficient retained earnings
2. Adequate cash
3. Declared dividends by the board of directors

Which of the following is not a component of comprehensive income?

Which of the following must be debited to record the declaration of a small share dividend with its market value?

What is the amount  that is earned through profitable operations of corporations and kept in the corporation?

Which of the following is the term used for the preferred share that can also receive all dividends in arrears while receiving a new preferred dividend?