All of the Following Are Equity Accounts Except

question 196

Multiple Choice

All of the following are equity accounts except

• A) Retained Earnings.
• B) Share Capital.
• C) Investment in Share.
• D) Dividends.

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Definitions:

Insight

The ability to understand the inner nature of things or to gain an intuitive understanding of complex situations.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a given person's mind when evaluating a specific topic, concept, method or decision.

Trial And Error

A problem-solving method that involves attempting different solutions and eliminating those that do not work.

Morphemes

The smallest units of meaning in a language.