Accounts maintained within the ledger that appear on the statement of financial position include all of the following except

Question

Quizplus · Accepted Answer

Salaries expense is an income statement account and would not appear on the statement of financial position (balance sheet). The other three choices are all balance sheet accounts and would appear on the statement of financial position. Share capital-ordinary is a type of equity account, while supplies and interest payable are both liabilities.

Accounts Maintained Within the Ledger That Appear on the Statement