What account below is not an asset? A. Capital Stock
B. Inventory
C. Cash
D. Accounts Receivable

A. Capital Stock

Explanation:

Accounts are categorized following the accounting equation of assets are equal to equity plus liabilities. Asset accounts track and record the resources that a business owns or controls. Assets being the valuable items that a business uses to generate income or maintain operations.

Equity represents the owner's interest in the business. It comprises capital contributions and retained earnings. Capital stocks belong to equity accounts and not asset accounts.

answer; read and consider the content of the items;