Which of the following contains only accounts found on the balance sheet? Cash, notes payable, gross profit, common stock O Interest payable, inventory, accumulated depreciation, sales Gain on land sale, equipment, prepaid rent, accounts payable Cost of goods sold, utilities payable, common stock, prepaid rent Accumulated depreciation, retained earnings, wages payable, accounts receivable
Which of the following contains only accounts found on the balance sheet? Cash, notes payable, gross profit, common stock O Interest payable, inventory, accumulated depreciation, sales Gain on land sale, equipment, prepaid rent, accounts payable Cost of goods sold, utilities payable, common stock, prepaid rent Accumulated depreciation, retained earnings, wages payable, accounts receivable
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:Which of the following contains only accounts found on the balance sheet?
Cash, notes payable, gross profit, common stock
O Interest payable, inventory, accumulated depreciation, sales
Gain on land sale, equipment, prepaid rent, accounts payable
Cost of goods sold, utilities payable, common stock, prepaid rent
Accumulated depreciation, retained earnings, wages payable, accounts receivable
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