Which of the following is not found in a balance sheet?
A)Net earnings after taxes.
B)Inventories.
C)Accounts payable.
D)Net worth.
E)Depreciation allowances.

Question

Quizplus · Accepted Answer

Net earnings after taxes are found in the income statement, not the balance sheet. The balance sheet shows assets, liabilities, and equity at a specific point in time. Inventories, accounts payable, net worth, and depreciation allowances are commonly found items in a balance sheet.

Which of the Following Is Not Found in a Balance