Question

All of the following are normally found in a corporation's stockholders' equity section, exceptAll of the following are normally found in a corporation's stockholders' equity section, except a. Paid-in-capital in excess of par b. Unearned Rent c. Retained Earnings d. Common Stock

Answer 1

Answer:

b. Unearned Rent

Explanation:

Shareholders Equity is the residual amount of Assets after deducting the Liabilities.

The Unearned Rent is a Liability and is not found in the Shareholders Equity Section.

Liabilities are Present obligations of an entity that arise as a result of past events, the settlement of which will result in out flow of economic benefits from the entity.