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How many accounts are kept for the investment of all owners

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Reference no: EM131537285

Question: 1. Under what major chart of accounts division are the owners' equity accounts for a corporation normally listed?

2. How many accounts are kept for the investment of all owners of a corporation?

3. What account does a corporation use to record earnings not yet distributed to stockholders?

4. What action is required before a corporation can distribute income to its stockholders?

Reference no: EM131537285

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