As noted in earlier parts, there are two sources of equity capital: 1. Amounts paid in by

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As noted in earlier parts, there are two sources of equity capital:

1. Amounts paid in by equity investors, who are the entity’s owners.

This amount is called [Paid-in Capital / Retained Earnings].

2. Amounts generated by the profitable operation of the entity. This amount is called [Paid-in Capital / Retained Earnings].

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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