Shareholders' Equity, in a Corporation, at the End of the Period

question 62

Multiple Choice

Shareholders' equity, in a corporation, at the end of the period is equal to

• A) shareholders' equity at the beginning of the period plus profit minus liabilities.
• B) share capital plus retained earnings.
• C) share capital plus dividends.
• D) share capital plus this year's profit.

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Definitions:

Trustee

An individual or organization appointed to manage and administer property or assets on behalf of others, usually within a trust.

Debtor's Estate

The collective assets and liabilities of a debtor that are subject to administration in a bankruptcy case.

Administration

In a legal context, it refers to the management and settlement of an estate of a deceased person by an appointed administrator.

Bankruptcy Code

The collection of federal laws and regulations that govern the process of bankruptcy in the United States, as codified under Title 11 of the U.S. Code.