Two Permanent Accounts That Are Part of the Stockholders' Equity

question 150

Short Answer

Two permanent accounts that are part of the stockholders' equity in a corporation are ______________ and ______________.

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Definitions:

Liberty

A foundational concept referring to the state of being free within society from oppressive restrictions imposed by authority on one's way of life, behavior, or political views.

Gradual Emancipation

Refers to the process of ending slavery slowly over time, often through legislative measures that freed enslaved individuals in stages or at a certain age.

Fries's Rebellion

A tax revolt among Pennsylvania Dutch farmers in the late 1790s, protesting federal property taxes to fund an undeclared war against France.

Federalists

A political group that supported the adoption of the U.S. Constitution, favoring a strong federal government and a system of checks and balances.