1. Which of the following is not a component of shareholders' equity? a.Loss on sale of equipment b.Dividends payable c.Retained earnings d.Net income

Principles of Accounting Volume 1
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ISBN:9781947172685
Author:OpenStax
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Chapter14: Corporation Accounting
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Problem 20MC: Which of the following is a measurement of earnings that represents the profit before interest,...
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Which of the following is not a component of shareholders' equity?

a.Loss on sale of equipment
b.Dividends payable
c.Retained earnings
d.Net income
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