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:

Neuron

A nerve cell; it carries nerve impulses between the brain or spinal cord and other parts of the body.

Nerve Fibers

Long, slender projections of nerve cells that transmit electrical impulses to different parts of the body.

Cerebrum

The most sizable region of the brain, tasked with controlling voluntary movement, visual perception, speaking, taste sensations, auditory experiences, thinking, and memory retention.

Sulci

Grooves or furrows on the surface of the brain, separating adjacent gyri.