What are the two categories of shareholders' equity usually found on the statement of financial position of a corporation?

Question

Quizplus · Accepted Answer

The two categories of shareholders' equity usually found on the statement of financial position of a corporation are share capital and retained earnings. Share capital represents the amount of money contributed by shareholders in exchange for shares of stock, while retained earnings represent the accumulated profits of the company that have not been paid out as dividends. Therefore, the best choice is D, share capital and retained earnings.

What Are the Two Categories of Shareholders' Equity Usually Found