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

Question

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The amount of the loan that remains to be paid is a liability, which is reported on the balance sheet. The income statement shows revenue and expenses for a period of time, the cash flow statement tracks cash inflows and outflows, and the debt ledger is an internal record of a company's debts and repayments.

The Sign Garden Purchased a Large Amount of Photo Paper