which of the following accounts is not included in the asset section of the balance sheet? multiple choice…
which of the following accounts is not included in the asset section of the balance sheet? multiple choice buildings. wages expense. supplies. land. furniture.
Answer
Brief Explanations:
Assets are resources owned by a company with future economic benefits. Buildings, supplies, land, and furniture are assets. Wages expense is a cost related to labor and is reported on the income - statement, not in the asset section of the balance sheet.
Answer:
B. Wages expense