Cost control and equity elements establish an organization's pay structure
The four components used in the equity calculation are outstanding shares, additional paid-in capital, retained earnings, and treasury stock. If equity is positive, the company has enough assets to pay its debts. If negative, the company's liabilities exceed its assets.
The term "justice" refers to fairness and justice, as distinguished from equality. Equality means providing equality for all, but justice means acknowledging that we all start in the same place and don't have to admit and fix imbalances. .
There are several types of equity accounts that add to total shareholders' equity. These accounts include common stock, preferred stock, contributed surplus, additional paid-in capital, retained earnings, other comprehensive income and treasury stock.
Learn more about Equality https://brainly.com/question/1957305
#SPJ4
