Kohler Corporation reports the following components of stockholders equity on December 31, 2013: Common Stock-$10 par value, 100,000 shares authorized, 40,000 shares issued and outstanding. $400,000 Paid-in capital in excess of par value, common stock 60,000 Retained Earnings 270,000 Total Stockholders’ Equity $730,000 In 2014, the following transactions affected ...
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Asked: April 10, 2022In: Accounting
Which items are miscategorized? Balance Sheet Liabilities A. Accounts Payable B. Prepaid expenses C. Accounts Receivable D. Accrued expenses E. Unearned revenue F. Long-term debt