The Sign Garden purchased a large number amount of photo paper on credit.The amount of the loan that remains to be paid could be found on which financial statement?

Question

Quizplus · Accepted Answer

The balance sheet reflects the company's liabilities and assets, including any outstanding loans or debts, making it the best choice to find the amount of the loan that remains to be paid. The income statement shows the company's revenue and expenses, the cash flow statement shows the inflows and outflows of cash, and the footnotes provide additional information but do not typically include specific financial numbers.

The Sign Garden Purchased a Large Number Amount of Photo