In: Accounting
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?
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 .