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

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

Quizplus · Accepted Answer

Cash is considered an asset and not equity. The other options (B, C, D, and E) all represent equity in a corporate balance sheet.

Which of the Following Would NOT Be Included as Equity