Which of the following is considered as a liability in the balance sheet of a firm?Accounts receivableCorporate bondsRetained earningsCommon stockPlant and equipment

Balance sheet of a firm involves both assets as well as liabilities

Answered: Which of the following is considered as…

Which of the following is considered as a liability in the balance sheet of a firm? Accounts receivable O Corporate bonds Retained earnings Common stock Plant and equipment

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter14: Corporation Accounting

Section: Chapter Questions

Problem 15MC: Stockholders equity consists of which of the following? A. bonds payable B. retained earnings and...

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Question

Which of the following is considered as a liability in the balance sheet of a firm?
Accounts receivable
Corporate bonds
Retained earnings
Common stock
Plant and equipment

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