What type of account is "Common Stock"? a) Asset b) Liability c) Equity d) Expense

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter20: Corporations: Organization And Capital Stock
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What type of account is "Common Stock"?
a) Asset
b) Liability
c) Equity
d) Expense
Transcribed Image Text:What type of account is "Common Stock"? a) Asset b) Liability c) Equity d) Expense
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