What Accounts Appear in the Equity Section of the Balance

question 104

Essay

What accounts appear in the equity section of the balance sheet for a college, assuming the college is:
A. Public - government owned
B. Private not-for-profit
C. For Profit - Investor owned business

---

Definitions:

Highly Specialized

Pertaining to or involving specific expertise or focus on a narrow area of knowledge or activity, often requiring advanced skills or training.

Unpleasant Outcome

A result of actions or decisions that is negative or less favorable than anticipated, causing dissatisfaction or adverse effects.

Verbal Reprimand

A disciplinary action involving a spoken warning or rebuke to an employee for unsatisfactory performance or behavior.

Demotion

The act of lowering an employee's rank or position, typically as a result of organizational restructuring, performance issues, or disciplinary actions.