Which of the following is not a relevant account when auditing stockholders' equity?
A)Treasury stock.
B)Dividends.
C)Sinking fund for plant expansion.
D)Retained earnings.

Question

Quizplus · Accepted Answer

Sinking fund for plant expansion is not a typical account found in stockholders' equity. It is more related to the long-term investments of a company. The other options, treasury stock, dividends, and retained earnings, are all common accounts found in stockholders' equity.

Which of the Following Is Not a Relevant Account When