Which is a shareholders' equity account on the balance sheet?
A. Accumulated depreciation.
B. Paid-in capital.
C. Dividends payable.
D. Marketable securities.
Ans: B. Paid-in capital.
Business
You might also like to view...
Which of the following statements is INVALID?
a. Whether solicited or unsolicited, all research proposals are formal. b. Informal internal proposals often take the form of an email or a memo. c. Emphasize key points in your proposal with relevant visuals. d. Proposals have one primary purpose: to convince your audience to agree to your plan.
Business
Tomas wants to get a mortgage for a house. If the mortgage is for $100,000 with 3% interest for 20 years this is an example of which type of mortgage?
A. Secured B. Unsecured C. Fixed Rate D. ARM
Business