All Contributed Capital accounts may carry either a debit or a credit balance, depending on the transactions from which the account balance originated.

Name: All Contributed Capital accounts may carry either a debit or a credit balance, depending on the transactions from which the account balance originated.
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Contributed Capital accounts typically carry a credit balance, reflecting the amount of capital contributed by the shareholders or owners to the corporation.

All Contributed Capital Accounts May Carry Either a Debit or a Credit