From the following list of selected accounts for X-cell Inc.,

From the following list of selected accounts for X-cell Inc., identify the equity accounts. Use “CC” for contributed capital, “RE” for retained earnings, and “X” if not an equity account.
• Cash
• Common shares
• Common dividend payable
• Deficit
• Preferred shares
• Retained earnings
• Preferred dividend payable
• Preferred shares, $5 non-cumulative

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