Which of the following accounts would not be reported on the balance sheet?

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answerhappygod
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Which of the following accounts would not be reported on the balance sheet?

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A) Retained earnings.
B) Inventory.
C) Accounts payable.
D) Dividends.
Answer: D
Explanation: Dividends are reported on the statement of stockholders' equity.
Difficulty: 1 Easy
Topic: Financial statements—Balance sheet
Learning Objective: 01-01 Recognize the information conveyed in each of the four basic
financial statements and the way that it is used by different decision makers (investors, creditors,
and managers).
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