Which of the following items would NOT be included on the balance sheet but would BE on the income statement?

Which of the following items would NOT be included on the balance sheet but would BE on the income statement?

Which of the following items would NOT be included on the balance sheet but would BE on the income statement?


a. Noncurrent assets

b. Cost of goods sold

c. Current liabilities

d. Net worth

e. Accounts receivable


Answer: B


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