Which of the Following Would Not Appear as a Possible

question 133

Multiple Choice

Which of the following would not appear as a possible asset on the balance sheet?

• A)Accounts receivable
• B)Supplies
• C)Retained earnings
• D)Cash

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Definitions:

Earnings Per Share

A financial metric calculated by dividing a company's net income by the number of its outstanding shares of common stock.

Comparative Period

A reference period against which financial or operational performance is compared, typically the previous year or quarter.

Declaration

An official announcement or formal statement, often used in the context of declaring dividends to be paid to shareholders.

Cash Dividend

A Cash Dividend is a payment made by a company out of its earnings to investors in the form of cash.