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equity
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Answer / ramaraj.b
Equity (finance); The value of an ownership interest in
property, including shareholders' equity in a business....
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / dr. akhil agrawal
Equity in financial terms:-
Equity capital generally is composed of funds that are
raised by a business in exchange for an ownership interest
in your company.
| Is This Answer Correct ? | 10 Yes | 6 No |
Answer / murali. r
Ownership interest in a corporation in the form of common
stock or preferred stock.
| Is This Answer Correct ? | 7 Yes | 4 No |
Answer / jamuna
Ownership interest in a corporation in the form of common
stock or preferred stock.
| Is This Answer Correct ? | 0 Yes | 1 No |
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42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.
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