Which of the following is not a component of owners equity?

Owners' equity represents the residual interest in the assets of a business after deducting liabilities. It includes several key components that reflect the contributions of the owners and the accumulated profits of the business.

Retained earnings, common stock, and additional paid-in capital all directly relate to the ownership structure and profits of a business. Retained earnings indicate the cumulative net income that has been retained in the company rather than distributed to shareholders. Common stock represents the equity stake of shareholders in the company, while additional paid-in capital reflects amounts received from shareholders in excess of the par value of the stock.

In contrast, accounts receivable refers to the amounts owed to the business by customers for goods or services provided on credit. It is classified as an asset rather than a component of owners' equity. This distinction emphasizes that owners' equity is concerned with the ownership interest, while accounts receivable is related to the collection of funds that are expected to be received in the future.

Therefore, identifying accounts receivable as not being a component of owners' equity is accurate, as it does not reflect the ownership investment or claim over the assets of the business, but rather represents a financial asset on the balance sheet.