Multiple Choice Questions on In a balance sheet the total of common stock and retained earnings are denoted as ........ for UPSC EPFO Exam Preparation

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Multiple Choice Questions

In a balance sheet the total of common stock and retained earnings are denoted as ........

General Accounting Principles Accounting cycles
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    In a balance sheet, the total of common stock and retained earnings are denoted as

    Common Equity

    Correct Answer

    Due Equity

    Incorrect Answer

    Preferred Equity

    Incorrect Answer

    Common Perpetuity

    Incorrect Answer
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    Explanation:

    Common equity is the amount that all common shareholders have invested in a company. Most importantly, this includes the value of the common shares themselves. However, it also includes retained earnings and additional paid-in capital.

    By: NIHARIKA WALIA
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