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.

Exercise 2-5

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You are watching: Increases ownership interest.

Identify the element or elements associated with theseitems.


The element

(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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