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    Principles of Accounting Study Set 1
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    Exam 5: Foundations of Financial Reporting and the Classified Balance Sheet
  5. Question
    On a Corporate Balance Sheet,earned Capital Is Also Known as
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On a Corporate Balance Sheet,earned Capital Is Also Known as

Question 47

Question 47

Multiple Choice

On a corporate balance sheet,earned capital is also known as


A) common stock.
B) paid-in capital.
C) retained earnings.
D) contributed capital.

Correct Answer:

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