Which of the Following Amounts Would NOT Be Included on the Right

question 92

Multiple Choice

Which of the following amounts would NOT be included on the right side of a balance sheet?

• 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

---

Definitions:

Market Rate

The prevailing interest rate available in the marketplace for securities or loans.

Long-term Bonds

Bonds issued with a maturity date typically more than ten years in the future, representing a long-term financial obligation.

Open Market

A marketplace that is accessible to all buyers and sellers where prices are determined by supply and demand.

Stated Rate

The nominal interest rate specified in the contractual terms of a financial instrument such as a bond.