Which of the Following Does NOT Appear in the Balance

question 55

Multiple Choice

Which of the following does NOT appear in the balance sheet?

• A) Commission payable
• B) Prepaid commission
• C) Commission revenue received in advance
• D) Commission revenue

---

Definitions:

Customer Relationships

The management of interactions and engagements between a business and its customers, focusing on enhancing loyalty and satisfaction.

Collaborative Filtering

A method used by recommender systems to predict the interests of a user by collecting preferences from many users, assuming that people who agreed in the past will agree in the future.

Buying Intentions

The likelihood or propensity of consumers to purchase a product or service in the near future.

Future Purchases

Refer to transactions that are expected to occur in the future, based on patterns, intentions, or marketing strategies.