A) Retained earnings.
B) Notes payable.
C) Accounts payable.
D) Interest payable.
Answer: A
Explanation: Retained earnings is reported on the balance sheet as a component of stockholders'
equity.
Which of the following accounts is not a liability on the balance sheet?
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Which of the following accounts is not a liability on the balance sheet?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!