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ABC Corporation raised capital through an offering of equity securities. Which component of the balance sheet has changed as a result

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Answer:

Share capital in the shareholders equity section

Step-by-step explanation:

The balance sheet is structured according to the accounting formulae

Asset = Liabilities + Owners Equity

When a company raises capita by the issuing of securities or is referred to as share capital.

The securities issued are common stock or preferred stock.

There is a maximum amount that a company can raise from the sale of shares and this is called authorised share capital.

Share capital is a line item that is reported under Owner equity section of the balance sheet.

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