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Stockholders' equity is more than simply a residual amount. It is true that total assets minus total liabilities equals stockholder's equity. However, the stockholders' equity accounts are real accounts that result from transactions. None of the possible answers listed is a stockholders' equity account. The stockholders' equity accounts would have names such as common stock, additional paid-in capital, or retained earnings.

money owed Payable is the dep. that pays the fees. money owed Receivable is the dep. that does the invoicing for the agency and makes useful that customers are paying their costs on time. verify out an Accounting for Dummies e book.