The amount of land owned by a business appears on which financial statement?
A) income statement
B) statement of changes in stockholders' equity
C) statement of cash flows
D) balance sheet

Question

Quizplus · Accepted Answer

The amount of land owned by a business is an asset and appears on the balance sheet. The balance sheet provides information on a company's assets, liabilities, and equity at a specific point in time.

The Amount of Land Owned by a Business Appears on Which