Question
Which of the following is true about stockholders' equity? a This section of the Balance Sheet will always equal total assets. b This section of
Which of the following is true about stockholders' equity?
a
This section of the Balance Sheet will always equal total assets.
b
This section of the Balance Sheet can only be increased if the company sells more stock to its stockholders.
c
Corporations always must have at least two accounts in this section of the Balance Sheet: common stock and retained earnings.
d
Retained earnings in stockholders equity is the one account on the Balance Sheet that the ending balance at the end of the period is zeroed out and does not carry over to the following period.
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