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    Business
  3. Study Set
    Accounting for Non Specialists
  4. Exam
    Exam 2: Measuring and Reporting Financial Position
  5. Question
    Which of the Following Would Appear in the Equity Section
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Which of the Following Would Appear in the Equity Section

Question 53

Question 53

Multiple Choice

Which of the following would appear in the equity section of the statement of financial position?


A) Loan from ABC Bank.
B) Loan to family member.
C) Bank overdraft.
D) Drawings by the owner.

Correct Answer:

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