_____ includes the owners' contributions to a company along with income earned by the company and retained to finance continued growth and product development.
A)Owners' equity
B)Owners' assets
C)Owners' liabilities
D)Revenue
E)Profits

Question

Quizplus · Accepted Answer

Owners' equity includes the contributions made by the owners to the company as well as the income that the company has earned and retained for purposes such as growth and product development, rather than distributing it as dividends.

_____ Includes the Owners' Contributions to a Company Along with Income