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    Financial Accounting Study Set 7
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    Exam 1: The Financial Statements
  5. Question
    Claims Held by the Shareholders (Owners)of a Corporation Are Referred
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Claims Held by the Shareholders (Owners)of a Corporation Are Referred

Question 28

Question 28

Multiple Choice

Claims held by the shareholders (owners) of a corporation are referred to as:


A) retained earnings
B) share capital
C) share capital minus retained earnings
D) share capital plus retained earnings

Correct Answer:

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