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In a balance sheet, total savings and general stock are known as:

2. In a balance sheet, total savings and general stock are known as:

1. Normal perpetuity
2. Equal equity
3. Appropriate equity
4. Preferred equity

Answer: B) Equal equity

Explanation:

Total savings and general stock are known as Equal Equity. Equity can be found on a company balance sheet and is one of the most common data analysts used by analysts to assess a company's financial position.