Which of the following amounts would NOT be included on the right side of a balance sheet?
A)the value of government bonds held by the company
B)the cash held by the company
C)the amount of deferred tax liability held by the company
D)the amount of money owed to the company by customers who have not yet paid for goods and services they have received

Question

Quizplus · Accepted Answer

Deferred tax liability is a liability that is not due yet and therefore would not be included on the right side of a balance sheet.

Which of the Following Amounts Would NOT Be Included on the Right