QS 13-3 Components of the equity section of a corporate balance sheet LO² From the following list of selected accounts for X-cell Inc., identify the equity accounts. Use "CC" for contributed capital, "RE" for retained earnings, and "X" if not an equity account. Cash Common shares Common dividend payable Deficit Preferred shares Retained earnings Preferred dividend payable Preferred shares, $5 non-cumulative

QS 13-3 Components of the equity section of a corporate balance sheet LO² From the following list of selected accounts for X-cell Inc., identify the equity accounts. Use "CC" for contributed capital, "RE" for retained earnings, and "X" if not an equity account. Cash Common shares Common dividend payable Deficit Preferred shares Retained earnings Preferred dividend payable Preferred shares, $5 non-cumulative

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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