Examlex
Which one of the following is not a part of an account?
Journal
An accounting record where all transactions are initially recorded, chronologically, before they are transferred to ledger accounts.
Ledger
A book or computer file for recording and totaling economic transactions measured in terms of a monetary unit of account by account type, with debits and credits.
Shareholders' Equity
The residual interest in the assets of a corporation after deducting its liabilities, representing ownership interest.
Dividends Declared
Dividends declared are profits a company announces it will distribute to its shareholders, indicating when and how much will be paid out.
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