Which of the following items are in the balance sheet? (Select all that apply.)
A) Inventory
B) Operating expenses
C) Account receivable
D) Equipment
E) Cash payments

Question

Quizplus · Accepted Answer

Statement B) is incorrect - operating expenses are found in the income statement, not the balance sheet. Statement E) is incorrect - cash payments are found on the statement of cash flows.

Which of the Following Items Are in the Balance Sheet