An Account Used to Record Stockholders' Investments in a Business

question 103

Multiple Choice

An account used to record stockholders' investments in a business is called a(n) :

• A)Dividends account.
• B)Common stock account.
• C)Revenue account.
• D)Expense account.
• E)Liability account.

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Definitions:

Mass Transit

Public transportation systems that move large numbers of passengers within urban and suburban areas.

Informal Writing Style

A relaxed, conversational approach to writing that does not adhere strictly to formal grammar, punctuation, and structure rules.

Contractions

Shortened forms of words or phrases created by omitting certain letters and sounds, typically in informal language.

Second-person Pronouns

Second-person pronouns are pronouns used to address the audience directly, typically "you" in English, involving the listener or reader in the communication.