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    Foundations of Finance
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    Exam 3: Understanding Financial Statements and Cash Flows
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    Which of the Following Accounts Belongs in the Equity Section
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Which of the Following Accounts Belongs in the Equity Section

Question 9

Question 9

Multiple Choice

Which of the following accounts belongs in the equity section of a balance sheet?


A) retained earnings
B) cash
C) long-term debt
D) dividends

Correct Answer:

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