In a company balance sheet, what are the two main categories equity is separated into?
A) Share capital and retained profits
B) Retained profits and dividends
C) Share capital and dividends
D) Retained profits and dividends payable

Question

Quizplus · Accepted Answer

Equity is typically separated into two main categories on a company balance sheet: share capital and retained profits. Share capital represents the amount of investment made by shareholders, while retained profits are the portion of a company's profits that have been kept for reinvestment rather than being distributed as dividends.

In a Company Balance Sheet, What Are the Two Main