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a. All statements are true b. Two main areas of the equity section of a corporation's balance sheet are share capital and retained earnings c.

a. All statements are true b. Two main areas of the equity section of a corporation's balance sheet are share capital and retained earnings c. Equity section for the sole proprietorship can be called owner's equity because the equity belongs to the owner. d. Equity section for a corporation can be called shareholders' equity because the equity belongs to a group of owners known as shareholders. e. None of the statements are true

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