The Balance Sheet Lists

question 99

Multiple Choice

The balance sheet lists:

• A)Assets, liabilities, expenses
• B)Assets, liabilities, equity
• C)Assets, revenues, expenses
• D)Assets, revenues, equity
• E)None of these

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Definitions:

Stockholders' Equity

The ownership interest of shareholders in a corporation, calculated as total assets minus total liabilities.

Contributions

Monetary or other forms of aid provided by donors to organizations which could include grants, donations, or specific asset gifts.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and rights to profits.

Issuing Stock

The process by which a company sells new shares to investors to raise capital.