Question

In: Accounting

Which of the following items will not be reported on a balancesheet?Select one or...

Which of the following items will not be reported on a balance sheet?

Select one or more:

a. Current assets

b. Common Stock

c. Total Liabilities

d. Net Income

I know D is not found on a balance sheet, but are there any others?

Solutions

Expert Solution

Answer:-

The correct option is D

Explanation:-

The Net Income will not be reported on a balance sheet .because it is added to beginning earnings .then reduced with dividend payments to computer ending balance .


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