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12 September, 13:14

Equity is a measure of the monetary contributions that have been made directly or indirectly on behalf of the owners of the company. True False

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  1. 12 September, 13:28
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    True

    Explanation:

    Yes it is true that equity is the monetary contributions that have been made directly or indirectly on behalf of the owners of the company. Equity includes all the common stock issued by the company to shareholders which is an monetary contribution. Retained earning is the portion of earning associate with the shareholders which is also a monetary term. All the financial value associated with the owners of the company is kept in equity section.
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