The equity section of a firm's balance sheet contains _____.
A)retained earnings
B)current assets
C)corporate bonds
D)dividends
E)noncash assets

Question

The equity section of a firm's balance sheet contains _____. 
A)retained earnings
B)current assets
C)corporate bonds
D)dividends
E)noncash assets

Quizplus · Accepted Answer

The equity section of a firm's balance sheet typically includes retained earnings, which represent the accumulated profits that have not been distributed to shareholders as dividends. Current assets, corporate bonds, dividends, and noncash assets are not typically included in the equity section.

The Equity Section of a Firm's Balance Sheet Contains _____