Equity Financing Is Money Received from the Sale of

question 74

Multiple Choice

Equity financing is money received from the sale of

• A) Bonds.
• B) Common stock.
• C) Dividends.
• D) A savings account.
• E) A proxy.

---

Definitions:

Periodic Payments

Payments that are made regularly over a period of time, such as monthly rent payments.

Warranty Expense

Costs associated with the repair or replacement of faulty products that a company sells, under its warranty policy.

Journal Entry

A record of a financial transaction in the general journal or other ledger, representing debits and credits to accounts.

Fringe Benefits

Benefits provided to employees in addition to wages and salaries.