Examlex
Which of the following reflects the impact of a transaction where $200,000 cash was invested by stockholders in exchange for stock?
Stock Split
A company's action to chop up its existing stock into more pieces to make the shares easier to trade.
Owners' Equity
The residual interest in the assets of a company after deducting liabilities, representing the ownership interest of shareholders in the company.
Balance Sheet
A financial statement that summarizes a company's assets, liabilities, and shareholders' equity at a specific point in time, showing the balance between income and expenditure.
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