Which of the following are not placed on the left-hand side of the balance sheet?
A)Bonds and bond funds.
B)IRAs.
C)Furniture and fixtures.
D)Household equity.
E)All of the above are placed on the left-had side of the balance sheet.

Question

Quizplus · Accepted Answer

Household equity is not placed on the balance sheet as it is not an asset or liability of the business. It may be included in a personal balance sheet, but not in the balance sheet of a business.

Which of the Following Are Not Placed on the Left-Hand