Which of the following accounts is not usually part of the owners' equity for a corporation?
A) common stock
B) paid-in-capital
C) retained earnings
D) shares outstanding

Question

Quizplus · Accepted Answer

Shares outstanding is not part of owners' equity. It represents the total number of shares of stock that have been issued by a company and are currently owned by investors. While it is important to track the number of shares outstanding for financial and reporting purposes, it is not a component of owners' equity.

Which of the Following Accounts Is Not Usually Part of the Owners