Which of the following would not be an account in the general ledger of a corporation?
A) Dividends Payable
B) Preferred Stock
C) Common Stock
D) Dividends in Arrears

Name: Which of the following would not be an account in the general ledger of a corporation? A) Dividends Payable B) Preferred Stock C) Common Stock D) Dividends in Arrears
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Question

Quizplus · Accepted Answer

Dividends in Arrears is not an account in the general ledger; it is a note or disclosure indicating unpaid dividends on cumulative preferred stock.

Which of the Following Would Not Be an Account in the General