Which account below is not a subdivision of shareholders' equity?
A)Dividends
B)Revenues
C)Expenses
D)Liabilities

Question

Quizplus · Accepted Answer

Liabilities are not a subdivision of shareholders' equity. Liabilities refer to a company's debts or obligations that must be paid to creditors or other parties. Shareholders' equity, on the other hand, includes the ownership interest that shareholders have in the company, which can include common stock, additional paid-in capital, retained earnings, and other components. Dividends, revenues, and expenses are all subdivisions of shareholders' equity.

Which Account Below Is Not a Subdivision of Shareholders' Equity