Which of the following is NOT be included as equity in a corporate balance sheet?
A)Paid in capital
B)Cash
C)Common stock
D)Retained earnings

Name: Which of the following is NOT be included as equity in a corporate balance sheet? A)Paid in capital B)Cash C)Common stock D)Retained earnings
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Question

Quizplus · Accepted Answer

Cash is not considered equity but rather an asset on the balance sheet. Equity includes items such as paid in capital, common stock, and retained earnings.

Which of the Following Is NOT Be Included as Equity