Multiple choice general knowledge

Which are the items appear in the balance sheet?

  1. Share capital

  2. Rent expenses

  3. Loans

  4. Building

  5. Electricity expenses

  6. Sundry Creditors
Reveal answer Fill a bubble to check yourself
A,C,D,F Correct answer
Explanation

Balance sheet items include assets, liabilities, and equity at a specific point in time. Share capital (equity), Loans (liability), Building (asset), and Sundry Creditors (liability) all appear in the balance sheet. Rent expenses and Electricity expenses are income statement items, not balance sheet items. This tests understanding of financial statement classification.

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