Which of the following is a category of Shareholder's Equity?

A. Shareholder's Capital

B. Accounts Receivable

C. Equipment

Credits are used on which of the following categories?

A. Assets

B. Liabilities

C. Shareholder's Equity

D. All of the Above

Which of the following is the crucial formula to the Balance Sheet?

A. First Accounting Equation

B. Fundamental Accounting Equation

C. Accounting Balance Equation

D. Balance Sheet Formula