Question

Which are shown on a balance sheet? Select three choices. assets liabilities age time period date of birth

Answer 1

Assets, liabilities, time period should be shown on a balance sheet.

• Balance Sheet are often regarded as financial statement that simply tells a brief summary of a company's assets, liabilities and shareholders' equity at a particular point in time.

• Assets are said to be company's or individual's resource that is of economic importance  corporation or that belongs or controled by country with the view that it will give future benefit.

From the above, we can therefore say that the answer Assets, liabilities, time period should be shown on a balance sheet is correct

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Answer 2

Answer:

A assets

B liabilitiies

D time period