Which Type of Account Is Owner's Capital

question 155

Multiple Choice

Which type of account is Owner's Capital?

• A)equity
• B)asset
• C)liability
• D)revenue

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Definitions:

Attacking Forces

Military units assigned to offensive operations against enemy positions or territories.

Civil War

A conflict between groups within the same country or state, often characterized by intense violence and lasting social and economic impact.

British Recognition

The acknowledgment by the United Kingdom of the independence, sovereignty, or status of another state or entity.

Confederacy

Historically refers to the Confederate States of America, a coalition of southern states that seceded from the United States from 1861 to 1865 during the Civil War.