I can"t seem to get past this particular question on myaccounting homework, any help would be extremely appreciated. Thankyou!
The following questions are the ones that I cannot figure out,they are c,g, h, i, k and l.
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You are watching: Increases ownership interest.
Identify the element or elements associated with theseitems.
|(a)||Arises from peripheral or incidental transactions.|
Distributions to OwnersComprehensiveIncomeExpensesGainsInvestments by OwnersAssetsRevenues,ExpensesLossesGains, LossesLiabilitiesEquityRevenuesInvestments byOwners, Comprehensive Income
|(b)||Obligation to transfer resources arising from a pasttransaction.|
AssetsInvestments byOwnersExpensesDistributions to OwnersGainsInvestments by Owners,Comprehensive IncomeGains, LossesRevenues,ExpensesEquityRevenuesLossesLiabilitiesComprehensive Income
|(c)||Increases ownership interest.|
RevenuesLossesDistributions toOwnersInvestments by Owners, Comprehensive IncomeInvestments byOwnersExpensesComprehensive IncomeGains,LossesLiabilitiesEquityAssetsGainsRevenues, Expenses
|(d)||Declares and pays cash dividends to owners.|
Revenues, ExpensesGains,LossesInvestments by OwnersDistributions toOwnersLiabilitiesComprehensive IncomeAssetsEquityInvestments byOwners, Comprehensive IncomeExpensesGainsRevenuesLosses
|(e)||Increases in net assets in a period from nonowner sources.|
Gains, LossesLossesInvestments byOwners, Comprehensive IncomeEquityDistributions toOwnersGainsRevenues, ExpensesRevenuesInvestments byOwnersExpensesLiabilitiesComprehensive IncomeAssets
|(f)||Items characterized by service potential or future economicbenefit.|
ExpensesInvestments by Owners,Comprehensive IncomeDistributions to OwnersGainsLossesGains,LossesComprehensive IncomeLiabilitiesAssetsRevenues,ExpensesEquityRevenuesInvestments by Owners
|(g)||Equals increase in assets less liabilities during the year,after adding distributions to owners and subtracting investments byowners.|
EquityExpensesComprehensiveIncomeRevenuesInvestments by Owners, ComprehensiveIncomeDistributions to OwnersGainsRevenues, ExpensesInvestments byOwnersLossesAssetsGains, LossesLiabilities
|(h)||Arises from income statement activities that constitute theentity’s ongoing major or central operations.|
LiabilitiesRevenues,ExpensesInvestments by Owners, Comprehensive IncomeDistributions toOwnersComprehensive IncomeExpensesEquityRevenuesInvestments byOwnersAssetsGainsLossesGains, Losses
|(i)||Residual interest in the assets of the enterprise afterdeducting its liabilities.|
Distributions toOwnersLiabilitiesEquityInvestments by Owners, ComprehensiveIncomeComprehensive IncomeRevenuesAssetsRevenues,ExpensesInvestments by OwnersExpensesGainsLossesGains, Losses
|(j)||Increases assets during a period through sale of product.|
ExpensesGainsEquityLiabilitiesLossesInvestments by OwnersRevenues,ExpensesRevenuesGains, LossesInvestments by Owners, ComprehensiveIncomeDistributions to OwnersComprehensive IncomeAssets
|(k)||Decreases assets during the period by purchasing the company’sown stock.|
EquityComprehensive IncomeInvestmentsby OwnersDistributions toOwnersLossesRevenuesExpensesGainsInvestments by Owners,Comprehensive IncomeLiabilitiesGains, LossesAssetsRevenues,Expenses
|(l)||Includes all changes in equity during the period, except thoseresulting from investments by owners and distributions toowners.|
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Investments by Owners, ComprehensiveIncomeComprehensive IncomeDistributions to OwnersInvestments byOwnersLossesGains, LossesRevenuesExpensesLiabilitiesAssetsRevenues,ExpensesEquityGains
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