Assets Reported on the Balance Sheet Would Include Which of the Following

question 61

Multiple Choice

Assets reported on the balance sheet would include which of the following?

• A)Accounts receivable,sales revenue and cash
• B)Equipment,supplies expense and cash
• C)Accounts payable,retained earnings and cash
• D)Accounts receivable,equipment and cash

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Definitions:

Browser

A software application used to access, retrieve, and view information on the World Wide Web.

Computer Hardware

The physical components of a computer system, such as the processor, memory, hard drive, and peripherals.

External Electronic Devices

Devices that connect to a computer system from outside, such as printers, mice, or external hard drives.

Internal

Pertaining to or situated within the confines of an organization, system, or device, often indicating processes or operations not exposed to the external environment.