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The shareholders' equity section is usually divided into which four parts? a
The shareholders' equity section is usually divided into which four parts?
a. preferred shares, common shares, retained earnings, contributed surplus
b. preferred shares, common shares, retained earnings, other comprehensive income
c. capital shares, contributed surplus, retained earnings, accumulated other comprehensive income
d. capital shares, appropriated retained earnings, unappropriated retained earnings, contributed surplus
Expert Solution
c .Explanation:
The shareholders' equity section on the balance sheet is primarily divided into four major sections, that are :
a. Capital shares
b. Contributed surplus
c. Retained earnings
d. Accumulated other comprehensive income
Therefore, option "c" is correct.
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