Identify the Item That Would Appear in the Equity Section

question 18

Multiple Choice

Identify the item that would appear in the equity section of the balance sheet.

• A) loan from ABC Bank
• B) bank overdraft
• C) drawings by the owner
• D) loan to family member

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Definitions:

Psychosocial Support

Assistance provided to individuals to cope with stress, emotional and social challenges, aiming to improve their mental health and well-being.

Career Support

Assistance provided to individuals in making informed career choices, development, and progression.

Job Instruction

Formal or informal directive or guidance on how to perform specific tasks and responsibilities in a job role.

Critical Steps

Essential actions or stages that must be completed to achieve a successful outcome in a process or operation.