Which of the following accounts is a stockholders' equity account?
A) Cash
B) Accounts Payable
C) Prepaid Insurance
D) Common Stock

Name: Which of the following accounts is a stockholders' equity account? A) Cash B) Accounts Payable C) Prepaid Insurance D) Common Stock
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

Common stock is a stockholders' equity account, representing the amount of money that shareholders have invested in the company. Choices A, B, and C are all asset or liability accounts.

Which of the Following Accounts Is a Stockholders' Equity Account