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

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31-07-2020
Business

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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

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Zviko Zviko · Answer 1 · 2020-08-02T03:29:11+02:00

Zviko Zviko

02-08-2020

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.

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