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:

Innovation

The act of introducing something new, such as an idea, method, or device, intended to enhance efficiency, effectiveness, or pleasure.

Relative Advantage

The degree to which an innovation is perceived as better than the idea it supersedes.

Diffusion

The process through which an innovation is communicated over time among the participants in a social system.

Innovation

The act of inventing, evolving, and applying novel concepts, goods, or techniques to enhance or substitute the current ones.