Which of the following is not a component of shareholders' equity?
A) Retained Earnings
B) Paid-in Capital
C) Accrued Liabilities
D) Accumulated Other Comprehensive Income

Name: Which of the following is not a component of shareholders' equity? A) Retained Earnings B) Paid-in Capital C) Accrued Liabilities D) Accumulated Other Comprehensive Income
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Question

Quizplus · Accepted Answer

Accrued Liabilities are not a component of shareholders' equity; they are a liability on the balance sheet.

Which of the Following Is Not a Component of Shareholders