Which of the Following Is Not Reported as a Liability

question 14

Multiple Choice

Which of the following is not reported as a liability on a balance sheet?

• A) Income taxes payable.
• B) Common stock.
• C)Accounts payable.
• D)Dividends declareD.Common stock is a component of stockholders' equity on the balance sheet.

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Definitions:

Failure

The inability to achieve a desired result or perform up to standard, often viewed as an opportunity for learning and growth.

Empty Nest

A transitional time of parenting when the youngest child leaves home.

Ethnicity

A socially defined category based on common language, religion, nationality, history, or another cultural factor, distinct from the concept of race.

Financial

Relating to finance or the management of money.