All of the following are equity accounts on a balance sheet EXCEPT
A) retained earnings.
B) cash.
C) common stock.
D) paid-in capital.

Name: All of the following are equity accounts on a balance sheet EXCEPT A) retained earnings. B) cash. C) common stock. D) paid-in capital.
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Question

Quizplus · Accepted Answer

Cash is not an equity account, it is an asset account. Retained earnings, common stock, and paid-in capital are all equity accounts that represent the ownership interest of the shareholders in the company.

All of the Following Are Equity Accounts on a Balance