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Accounting 292
| Term | Definition |
|---|---|
| stockholders' equity | found on the balance sheet |
| contributed capital and retained earnings | the stockholders' equity section of a corporation's balance sheet consists of which two parts? |
| contributed capital | paid - in capital |
| retained earnings | earned capital |
| paid-in capital | cash paid to the corporation by the stockholders in exchange for capital stock (or ownership) |
| retained earnings | net income the corporation retains for future use |
| par value | an assigned value given to a share of stock (does not affect market value) |