Owners' equity includes funding contributed to an organization by the owner and income earned and retained to finance organizational growth.

Name: Owners' equity includes funding contributed to an organization by the owner and income earned and retained to finance organizational growth.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Owners' equity includes the owners' contributions to the organization along with income earned by the organization and retained to finance continued growth and development.

Owners' Equity Includes Funding Contributed to an Organization by the Owner