Which of the following is not reported as a liability on a balance sheet?
Posted: Sat Aug 07, 2021 6:56 am
A) Income taxes payable.
B) Common stock.
C) Accounts payable.
D) Dividends payable.
Answer: B
Explanation: Common stock is a component of stockholders' equity on the balance sheet.
B) Common stock.
C) Accounts payable.
D) Dividends payable.
Answer: B
Explanation: Common stock is a component of stockholders' equity on the balance sheet.