Multiple Choice
Match the letter of each element with the appropriate definition.
-Increases in the equity of a particular business enterprise resulting from transfers to the enterprise from other entities of something of value to obtain or increase ownership interests (or equity) in it.
A) Assets
B) Liabilities
C) Equity
D) Investments by owners
E) Distribution to owners
F) Comprehensive income
G) Revenues
H) Expenses
I) Gains
J) Losses
Correct Answer:

Verified
Correct Answer:
Verified
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