The major components of stockholders' equity are ________.
A) cash, common stock, and paid-in surplus
B) common stock, paid-in surplus, and net income
C) common stock, paid-in surplus, and retained earnings
D) common stock, liabilities, and retained earnings

Question

Quizplus · Accepted Answer

The major components of stockholders' equity are commonly accepted to be common stock, paid-in surplus, and retained earnings.

The Major Components of Stockholders' Equity Are ________