Examlex
Classify the following items according to the financial statement on which each belongs,either the income statement (IS)or the balance sheet (BS).Also indicate whether each is a revenue (R),expense (E),asset (A),liability (L),or owners' equity (OE)item.
Capital Contributions
Investments made by owners or shareholders into a company in exchange for an increase in ownership equity or stock without the need for repayment.
Total Share
The complete amount of stock issued by a company, including all shares currently held by shareholders.
Net Income
The total profit of a company after all expenses, taxes, and costs have been subtracted from total revenue.
Income Distribution
The way in which total income is shared among the members of an economy.
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