Which of the following is one of the elements of stockholders' equity?

Question

Quizplus · Accepted Answer

Retained earnings is an element of stockholders' equity, representing the portion of a company's net income that is kept within the company instead of being distributed as dividends to shareholders. Net income (A) and Loss on the sale of equipment (D) are not elements of stockholders' equity, but rather components of the income statement. Dividends payable (B) is a liability and not an element of stockholders' equity.

Which of the Following Is One of the Elements of Stockholders