Shareholders' equity on the balance sheet is divided into major components. Identify and explain what each component

Question:

Shareholders' equity on the is divided into major components. Identify and explain what each component represents.
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...