Which of the following would be on the balance sheet of a service company?
A)Factory equipment depreciation
B)Cost of goods manufactured
C)Cost of goods sold
D)Accounts receivable

Question

Quizplus · Accepted Answer

Accounts receivable would be on the balance sheet of a service company. This represents money owed to the company by customers for services that have been provided but not yet paid for. Options A, B, and C are all related to manufacturing or selling physical products and would not apply to a service company.

Which of the Following Would Be on the Balance Sheet