Which of the following would NOT be reported in the stockholders' equity section of the balance sheet?
A) Retained earnings appropriated for future plant expansion
B) Dividends declared on preferred stock
C) Paid-in capital in excess of par value
D) Deficit in retained earnings

Question

Quizplus · Accepted Answer

Dividends declared on preferred stock would be reported as a liability on the balance sheet, not in the stockholders' equity section. The other options are all typically reported in the stockholders' equity section.

Which of the Following Would NOT Be Reported in the Stockholders