Crediters' claims include: liabilities such as accounts payable, short-term debt, current liabilities, total liabilities, and long-term debt. Further claims from creditors also include the equity portion of the balance sheet. Consisting of: preferred stock, common stock, and retained earnings held within the company, as well as share capital. (Melicher 358) This one-time depreciation is accumulated over time and the accumulated depreciation appears on the balance sheet, the balance sheet indicates the company's assets and how they have been financed by various liabilities and equity at any given time. (Melicher 375) • What are the three different accounts that make up the owners' equity section of a typical business balance sheet? In the case of a corporation, the owners' equity is usually divided into three different accounts: preferred stock, common stock, and Retained Earnings and Equity. The retained earnings statement shows the accumulated retained earnings within the company over time. These retained earnings do not represent cash. They were invested in the company's current and/or fixed assets. Together, these three accounts comprise the net worth of the company's common shareholders or owners.