Question
The category of equity for a corporation which represents the cumulative profits less losses and dividends is called: Preferred shares. The income statement. Retained earnings.
The category of equity for a corporation which represents the cumulative profits less losses and dividends is called:
Preferred shares.
The income statement.
Retained earnings.
Financial leverage.
Contributed capital.
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ISE Business Accounting
Authors: Frank Wood, Alan Sangster
8th Edition
0273638408, 9780273638407
