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Back a step
Scabernac
Posts: 2,545 Status: Lord Karma: +377 [+1] [-1] |
Subject: Here in Canada | |||||
Here capital (resources invested into the entity like start up costs or through the sale of shares), along with retained earnings (accumulated net income that has been reinvested into the company ), are what make up the equity section of the balance sheet. Since Equity in general had little to do with this specific example though, I went into detail as little as possible. |
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