Which one of these accounts appears on the right-hand side of a balance sheet?
a) Property, plant, and equipment
b) Accumulated retained earnings
c) Accumulated depreciation
d) Cash and equivalents
e) Intangible assets
Ans:
b) Accumulated retained earnings
Explanation:
Accumulated retained earnings, which are represented on a company's balance sheet as stockholders' equity, are company profits that are held instead of distributing to shareholders.
On the right side, they list their liabilities and shareholders’ equity.