menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Intermediate Accounting Reporting and Analysis Study Set 1
  4. Exam
    Exam 4: The Balance Sheet and the Statement of Shareholders Equity
  5. Question
    Which of the Following Elements Is Not Recognized on the Balance
Solved

Which of the Following Elements Is Not Recognized on the Balance

Question 51

Question 51

Multiple Choice

Which of the following elements is not recognized on the balance sheet?


A) Equity
B) Expense
C) Liability
D) Asset

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q46: The amount a company would pay to

Q47: A component of equity that arises when

Q48: Net realizable value is the amount a

Q49: The SEC requires disclosure of quarterly high

Q50: What is working capital and how does

Q52: Financial leverage is measured by the debt-to-assets

Q53: What is the term for the systematic

Q54: The systematic allocation of the costs of

Q55: Time-series analysis is the same as rate

Q56: The ability of a company to adapt

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines