Which of the following would not be included on the balance sheet?
A) dividends paid
B) retained earnings
C) capital paid in excess of par
D) common stock

Question

Quizplus · Accepted Answer

Dividends paid are not included on the balance sheet because they represent a distribution of profits to shareholders, which is recorded in the statement of changes in equity or the statement of retained earnings. The balance sheet includes assets, liabilities, and equity accounts such as retained earnings, capital paid in excess of par, and common stock.

Which of the Following Would Not Be Included on the Balance