All of the following are liabilities EXCEPT

A) accumulated profits not paid in dividends.
B) accounts payable.
C) bank loans.
D) wages payable.

Question

All of the following are liabilities EXCEPTA) accumulated profits not paid in dividends.B) accounts payable.C) bank loans.D) wages payable.

Jawad Bajwa · Accepted Answer

Final Answer : A, Explanation :  Accumulated profits not paid in dividends are not considered liabilities; instead, they are part of retained earnings, which represent the portion of net income that has been retained by the company rather than distributed to its owners as dividends.

All of the following are liabilities EXCEPT

A) accumulated profits not paid in dividends.
B) accounts payable.
C) bank loans.
D) wages payable.

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Learning Objectives

Learning Objectives

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