Which of the following is NOT an account that appears in the Stockholders' Equity section of...

Which of the following is NOT an account that appears in the Stockholders' Equity section of the balance sheet?

		Treasury stock
		Additional paid in capital
		Capital stock
		Dividends

Solutions

Expert Solution

Ans: Dividends

Treasury stock , Additional Paid in capital and Capital stock are all reported on the balancesheet in the stockholder's equity.

For Companies Dividend are liabilities not equity. When a dividend declared the total value is deducted from the company's retained earnings and transfered to a temporary liability sub account called dividend payable.This means the company owes its shareholders money but has not yet paid.

Capital stock is the number of common and preferred shares that a company is authorized to issue, according to its corporate charter. The amount received by the corporation when it issued shares of its capital stock is reported in the shareholders' equity section of the balance sheet.

Treasury stock is a company's own stock that it has reacquired from shareholders. When a company buys back shares, the expenditure to repurchase the stock is recorded in a contra equity account.

Additional Paid In Capital (APIC) is the value of share capital above its stated par value and is an accounting item under Shareholders' Equity on the balance sheet.

ekkarill92 answered 1 year ago

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