Which of the following accounts appears in the statement of stockholders' equity?
A)Supplies.
B)Cash.
C)Salaries Payable.
D)Retained Earnings.

Question

Quizplus · Accepted Answer

Retained Earnings is an account that is found in the statement of stockholders' equity. This account reflects the cumulative earnings of a company that have not been distributed to shareholders in the form of dividends. Supplies and Cash are asset accounts that are found on the balance sheet, while Salaries Payable is a liability account that is also found on the balance sheet.

Which of the Following Accounts Appears in the Statement of Stockholders