Financial Statement

Essay specific features

 

Issue:

Business

 

Written by:

Mary V

 

Date added:

September 2, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 691

 

Was viewed:

8675 times

 

Rating of current essay:

 
Essay content:

These claims are subdivided into two different groups: claims of creditors which are consider liabilities and claims of owners which are consider stockholders’ equity. The basic accounting equation is assets must equal liabilities plus stockholders’ equity. On a balance sheet assets are listed first, followed by liabilities and stockholders’ equity...
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On a balance sheet assets are listed first, followed by liabilities and stockholders’ equity. Stockholders’ equity is comprised of two parts: common stock and retained earnings. Common stock results when a business sells new shares of stock. Retained earnings are the net income retained in the corporation...
displayed 300 characters

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