Briefly explain why equity is separated into contributed capital and accumulated income,and the latter is further separated into retained earnings and accumulated other comprehensive income (AOCI).
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Q1: What is the meaning of "shares authorized,"
Q2: Which is an example of "contributed capital"?
A)Retained
Q6: Which is an example of "contributed capital"?
A)Appropriated
Q10: In which account would "transactions with owners"
Q23: If 700 preferred shares with a par
Q24: Here is an extract of a trial
Q24: What kind of transaction is "appropriated reserves"?
A)An
Q25: Here is an extract of a trial
Q27: Here is an extract of a trial
Q32: In which account would "transactions with non-owners"
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