For each item numbered below, identify which accounting element(s) listed in A through H each statement describes.You may use each letter more than once or not at all.
-Amount invested by equity investors
A) Assets
B) Liabilities
C) Contributed capital
D) Retained earnings
E) Revenues
F) Expenses
G) Net income
H) Dividends

Question

Quizplus · Accepted Answer

The amount invested by equity investors is classified as Contributed Capital in accounting, as it represents the capital contributed by the owners or shareholders of a company.

For Each Item Numbered Below, Identify Which Accounting Element(s) Listed