Asked by
Marianna Bivens
on Oct 28, 2024
Verified
Which of the following accounts would not be reported on the balance sheet?
A) Retained earnings.
B) Inventory.
C) Accounts payable.
D) Dividends.
Retained Earnings
The portion of net income that is retained by the company rather than distributed to its owners as dividends.
- Comprehend the configuration of the balance sheet and its constituent parts.
Verified Answer
AC
Learning Objectives
- Comprehend the configuration of the balance sheet and its constituent parts.
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