Which of the Following Accounts Belongs in the Equity Section

question 9

Multiple Choice

Which of the following accounts belongs in the equity section of a balance sheet?

• A) retained earnings
• B) cash
• C) long-term debt
• D) dividends

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Definitions:

Conciliation

A method of dispute resolution where an impartial third party helps the conflicting parties to reach a settlement amicably.

Emotionally Mature

Pertains to an individual who possesses the ability to understand, express, and manage their emotions effectively, while also being receptive and empathetic towards the emotions of others.

Disproportionate Distribution

An unequal allocation of resources, rights, or opportunities among different groups, often leading to disparities.

Religious Differences

Variations in beliefs, practices, and doctrines among different religious groups, which can be a source of conflict or enrichment.