18. (a) What is the term used to describe the owners equity section of a corporation? (b)...

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18.

(a) What is the term used to describe the owner’s equity section of a corporation?

(b) Identify the two owners’

equity accounts in a corporation and indicate the pur¬

pose of each.

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Financial Accounting

ISBN: 9780470128848

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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