Discuss the equity section of the statement


Discussion

The statement of net position is used for proprietary funds and is classified. Discuss what is meant by "classification." Discuss the "equity" section of the statement - include in your discussion information about owners' and/or stockholders' equity and the three components of net position.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Accounting Basics: Discuss the equity section of the statement
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