For Each of the Following (1) Identify the Type of Account

question 61

Essay

For each of the following (1) identify the type of account as an asset, liability, equity, revenue, or expense, and (2) identify the normal balance of the account.

Identify the characteristics of different audience types and tailor presentations accordingly.

Appreciate the importance of thesis statements and purpose statements in speech preparation.

Understand the potential risks and benefits of using humor in speeches.

Recognize the importance of research in speech preparation and the caution needed with certain sources.

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Definitions:

Additional Paid-in Capital

The amount of money that shareholders have invested in a company in excess of the nominal or par value of the shares.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, indicative of the company’s net worth.

Common Stock

Shares representing ownership in a corporation, giving holders rights to dividends and influence through voting.

Additional-Paid In Capital

The amount of money paid by investors above the par value of the shares, also known as share premium.