Which of the following amounts would be included on the right side of a statement of financial position?
A)the value of government bonds held by the company
B)the cash held by the company
C)the amount of deferred tax liability held by the company
D)the amount of money owed to the company by customers who have not yet paid for goods and services they have received
E)the value of inventories held by the company

Question

Quizplus · Accepted Answer

Deferred tax liability is a liability and would be included on the right side of a statement of financial position, which lists liabilities and equity.

Which of the Following Amounts Would Be Included on the Right