Multiple choice

Which of the following items would not appear in a company's balance sheet?

  1. Total issued capital

  2. Cash held at the bank

  3. Value of raw material stock

  4. Revenue from sales
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Revenue from sales is an income statement item representing the total amount of money brought in by company operations over a period, rather than a balance sheet item which records assets, liabilities, and equity at a specific point in time.

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