Equity is the Amount of a company's capital is owned by the shareholders. In sole proprietorship and partnership, it is simply called capital. While, the equity of a corporation is known as stockholders equity. Which of the following options either will increase or decrease the equity?

Equity is the Amount of a company's capital is owned by the shareholders. In sole proprietorship and partnership, it is simply called capital. While, the equity of a corporation is known as stockholders equity. Which of the following options either will increase or decrease the equity?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 17EB: Chelsea Company is a sole proprietorship. Ashley, Incorporated is a corporation. Which company would...

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Procedural Coding: CPT and HCPCS

Computer hardware and accessories nowadays support various types of coding for a variety of purposes. Procedural coding is a straightforward process that combines several steps of a calculative sequence to achieve the desired result. It is a type of medical classification that aids in the identification of specific surgical, medical, or diagnostic procedures. It begins as soon as a patient enters the premises of a healthcare provider. These coding systems have significantly aided the process of insurance claims and billing.

Question

Plzz explain in detail

Equity is the Amount of a company's capital which
is owned by the shareholders. In sole
proprietorship and partnership, it is simply called
capital. While, the equity of a corporation is known
as stockholders equity. Which of the following
options either will increase or decrease the equity?
O a. Cash, Accounts payable, supplies
O b. Accounts payable, Accounts receivable,
supplies
O C. Accounts payable, bank overdraft,
outstanding expenses
O d. Retained earnings, dividend, drawings

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