Which of the following items would be found on the balance sheet of a manufacturer?

finished goods
work in process
raw materials
All of these choices are correct

Expert Solution

Option D :- All of these choices are correct

Here given that balance sheet of manufacturer

Usually manufacturing requires raw materials for manufacturing the lefted raw materials at the year end will appear on balance sheet as an assets on inventory saide

All finished goods will not sold at year end so remaining balance will appears on balance sheet as an asset under inventory

At the year end some goods may partially completed these will appears as an asset under workin progress

ekkarill92 answered 2 years ago

Which of the following items can be found on a firm’s balance sheet under current liabilities?...

Which of the following items can be found on a firm’s balance sheet under current liabilities? Accounts receivable. Depreciation. Accounts payable. Cash. Marketable securities.

Which of the following items would be classified as liabilities on a not-for-profit organization’s balance sheet?...

Which of the following items would be classified as liabilities on a not-for-profit organization’s balance sheet? (select ALL that apply) A. Investments B. Contingent liability C. Prepaid expenses D. Accounts receivable E. Unearned Revenue F. Post-employment benefit obligations

Which of the following items are included on the balance sheet?

the balance sheet is a snapshot of the entity. Which of the following items are included on the balance sheet?A.assetsB.RevemuesC.expensesD.withdrawls

Which of the following items would appear on a balance sheet? Select one: a. Expenses b....

Which of the following items would appear on a balance sheet? Select one: a. Expenses b. Revenues c. Dividends d. Notes Payable

Which of the following are items reported on a firm's balance sheet?

Which of the following are items reported on a firm's balance sheet? Sales revenue. Cost of goods sold. Net income. Current assets. None of these are correct.

Given the following income statement and balance sheet data, select which items would be included in...

Given the following income statement and balance sheet data, select which items would be included in presenting the cash flow from operating activities section of the statement of cash flows using the indirect method: Income Statement ($ millions) 2019 Sales $50,000 Less: Cost of goods sold 33,400 Gross profits 16,600 Less: Cash operating expenses 13,600 Less: Depreciation expense 920 Less: Amortization of intangible assets 80 Operating profits (EBIT) 2,000 Less: Interest expense 290 Equity in earnings (loss) of affiliate (50)...

QUESTION 1 Given the following income statement and balance sheet data, select which items would be...

QUESTION 1 Given the following income statement and balance sheet data, select which items would be included in presenting the cash flow from operating activities section of the statement of cash flows using the indirect method: Income Statement ($ millions) 2019 Sales $40,000 Less: Cost of goods sold 21,600 Gross profits 18,400 Less: Cash operating expenses 12,400 Less: Depreciation expense 1,100 Less: Amortization expense 120 Operating profits (EBIT) 4,780 Less: Interest expense 300 Equity in earnings (loss) of affiliate 40...

Which of the following items is not shown onthe balance sheet of a hospitality company?...

Which of the following items is not shown on the balance sheet of a hospitality company?a. Current maturity of long-term debtb. Accounts payablec. Investments in employee trainingd. Accounts receivable

Indicate which of the following items could appear as an asset on the balance sheet of...

Indicate which of the following items could appear as an asset on the balance sheet of a business. Explainyour reasoning in each case. (3 points) €1,000 owed to the business by a credit customer who is unable to pay. A patent, bought from an inventor, that gives the business the right to produce a new product. Production ofthe new product is expected to increase profits over the period during which the patent is held. A recently purchased machine that is...

Which of the following items is not on the balance sheet? A)Inventory B) Operating expenses...

Which of the following items is not on the balance sheet? A) Inventory B) Operating expenses C) Accounts receivable D) Equipment

Question