Question

In: Finance

Which of the following amounts would be included on the right side of a balance​ sheet?...

Which of the following amounts would be included on the right side of a balance​ sheet?

A.

the cash held by the company

B.

the amount of money owed to the company by customers who have not yet paid for goods and services they have received

C.

the amount of deferred tax liability held by the company

D.

the value of government bonds held by the company

Solutions

Expert Solution

Right side of the balance sheet is liabilities and owner’s equity. Any items that fall under, current liabilities, long-term liabilities and stockholder’s equity are posted on the right-hand side of the balance sheet. Deferred tax liability is a liability.

Hence, correct option is C. the amount of deferred tax liability held by the company.

jeff jeffy answered 2 years ago
Next > < Previous

Related Solutions

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
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)...
Per IFRS, which would be listed first in the Stockholders’ Equity/Liability side of the balance sheet?...
Per IFRS, which would be listed first in the Stockholders’ Equity/Liability side of the balance sheet? Select one: a. Current Liabilities b. Noncurrent Liabilities c. Share Capital d. Retained Earnings e. Treasury Stock
(Weighted average cost of capital—weights) A company has the following right-hand side of its balance sheet:...
(Weighted average cost of capital—weights) A company has the following right-hand side of its balance sheet: Bonds payable = $250,000 Preferred stock (1000 shares) = $100,000 Common stock (200,000 shares) = $400,000 -------------------------------------------------------------- Total Liabilities + Equity = $750,000 Bonds payable are currently priced at 115 (115% of face value) in the market, preferred stock is selling at $70 per share, and common stock is selling at $20 per share. Management has announced that it is targeting a capital structure...
Which of the following is incorrectly paired ? A) Right hemisphere: controls the right side of...
Which of the following is incorrectly paired ? A) Right hemisphere: controls the right side of the body B) Cerebellum : The location of conscious thought processes and the complex intellectual functions C) Left hemisphere: Responsible for controlling speech D) Corpus callosum : The major pathway of communication between the right and left hemisphere
Which of the following items would be found on the balance sheet of a manufacturer?
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
1. Are the amounts at which fixed assets are reported in the balance sheet their approximate...
1. Are the amounts at which fixed assets are reported in the balance sheet their approximate market values as of the balance sheet date? Discuss. 2. Immediately after a used truck is acquired, a new motor is installed and the tires are replaced at a total cost of $5,750. Is this a capital expenditure or a revenue expenditure?
Which of the following accounts would not appear as an asset on a manufacturer's balance sheet?...
Which of the following accounts would not appear as an asset on a manufacturer's balance sheet? Work in process Overhead Raw Materials Finished goods
1.which muscles would be used to turn head to right?be specific about with side muscles would...
1.which muscles would be used to turn head to right?be specific about with side muscles would be used. 2. list and describe the actions of the three muscles that attach to the coracoid process of the scapula either as the origin or the insertion. 3.List the muscles of respiration and describe their roles 4. List the assigned muscles necessary to rotate the torso to the right. identify the paired muscle involved as left or right. 5. discuss the relationship between...
Which of the following transactions would not be included in GDP?
Which of the following transactions would not be included in GDP?  A. Nancy mows her own lawn B. Gordon hires a painter to make a sign for his business. C. Ruth buys paint for her house. D. The Commonwealth of Massachusetts has snow removed on interstate highways.
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT