Which Of The Following Items May Appear In A Balance Sheet | Multiple Choice Question (MCQ) Answer

Which Of The Following Items May Appear In A Balance Sheet
Multiple Choice Question | Which Of The Following Items May Appear In A Balance Sheet?

Brief Explanation With Reason: The correct answer is (c) as Capital, Drawings and Net Income are Balance Sheet Accounts while Revenue or Income and Expenses are Income Statement Accounts. So, all other options i.e., (a), (b) and (d) are incorrect.

Comments