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Which of the following would not be included in a balance sheet?

 a. Accounts receivable

 b. Accounts payable

 c. Sales

 d. Cash   

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Question added by حسين محمد ياسين , Finance Manager , مؤسسة عبد الماجد محمد العمر للمقاولات العامة
Date Posted: 2016/02/29
rand qadri
by rand qadri , The owner of jordan cafes Snap & page , Jordan cafes

c . sales :) they will be included in the income statement

Mahmoud Ezz Eldien
by Mahmoud Ezz Eldien , Senior Accountant , COPATRA GRAPHICS

sales - it appear in  income statment 

Jamal Sawan
by Jamal Sawan , مدير مالي , ucmas

included in the income statement c-sales

mirna rizk
by mirna rizk , invoicing coordinator , ANTAKI HOLDING gppk

the item which should not be included in the balance sheet is sales. it should appear in the income statement.

Nourhan Sallam
by Nourhan Sallam , Administration Coordinator , Gulf Agency Company (Egypt) LTD

The answe is C. Sales as it is the only of the above mentioned that is not included in the balance sheet.

Shaik Javeed
by Shaik Javeed , Accountant , World Star Trading LLC

It is simple c. Sales. It will be shown in Profit & Loss Account.

Faisal Alruwaitea
by Faisal Alruwaitea , account processor , New Jersey Career Center

C isn't included in the balance sheet

Sales. It is recorded in the income statement.

JAVED ALI MONDAL
by JAVED ALI MONDAL , Accountant , Desert Towers

Sales will not come in the balance sheet it will enter in trading a/c on the credit side with adjustment (if any)

abdelaziz allam
by abdelaziz allam , محاسب اول , شركة كامبردج مصر للاستثمار التعليمي ش.م.م

 c. Sales...............................

Mohammed  Ashraf
by Mohammed Ashraf , Director of International Business , Saqr Al-Khayala Group

Sales is the correct answer. And, now it is your turn to vote up for the correct answer. 

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