Which is a component of shareholders' equity?
A) sinking funds
B) deferred charges
C) accumulated other comprehensive income
D) goodwill

Question

Quizplus · Accepted Answer

Accumulated other comprehensive income is a component of shareholders' equity, representing the unrealized gains and losses from certain investments and financial instruments. Sinking funds, deferred charges, and goodwill are not components of shareholders' equity, but rather represent specific assets or liabilities on a company's balance sheet.

Which Is a Component of Shareholders' Equity