Question

question

which of the following accounts is part of equity?

answer

accounts receivable
dividends
cash
accounts payable
i dont know yet

Explanation:

Identify the classification of each account option

• Accounts Receivable: Asset
• Dividends: Equity (specifically, a contra-equity account that reduces retained earnings)
• Cash: Asset
• Accounts Payable: Liability

Determine which account is part of equity

• Dividends directly affect and are classified under the equity section of the balance sheet.

Answer:

• Accounts Receivable
• Dividends (Correct answer)
• Cash
• Accounts Payable
• I don't know yet