Examlex
Which of the following would be included as an asset in the preparation of a personal balance sheet?
Shareholder's Equity
The residual interest in the assets of a corporation after deducting its liabilities, often referred to as stockholder's equity or owner's equity.
Share Capital
The funds raised by a company through the sale of its shares, representing the equity stake of its shareholders.
Retained Earnings
The portion of a company's profits that is kept or retained rather than paid out as dividends to shareholders, often used for reinvestment.
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