Which of the Following Accounts Is Not Included in the Calculation

question 18

Multiple Choice

Which of the following accounts is not included in the calculation of a company's ending owner's equity?

• A)Revenues.
• B)Expenses.
• C)Withdrawals.
• D)Owner investments.
• E)Cash.

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Definitions:

Fixed Assets

Long-term assets used in the operation of a business, not expected to be converted into cash within a year, such as buildings and machinery.

Dividend Policies

Strategies and guidelines that a company uses to decide the size and pattern of cash distributions to its shareholders over time.

Debt Policies

Guidelines or strategies that govern how a company or government manages its debt, including borrowing practices and repayment schedules.

Financial Plan

A document detailing an individual's or organization's current financial status and long-term monetary goals, along with strategies to achieve those goals.