which of the following accounts will never be included in the inventory accounts on the balance sheet for a baking company?
President’s salary
Depreciation on factory equipment
Baker’s salary
Supervisor’s salary

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19-12-2022
Business

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which of the following accounts will never be included in the inventory accounts on the balance sheet for a baking company?
President’s salary
Depreciation on factory equipment
Baker’s salary
Supervisor’s salary

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contexto38 contexto38 · Answer 1 · 2022-12-22T14:06:41+01:00

Out of the choices provided above, the accounts of a President's salaries will never be included in the inventory accounts on the balance sheet for a baking company. Therefore, the option A holds true.

The balance sheet of a company can be referred to or considered as the official financial statement that reveals about the positions related to the profits and losses of the firm. It includes different types of accounts for different companies. Since the salary of a president is not handled by a baking company, it will not have to be reported under the balance sheet of the company.

Learn more about the balance sheet here:

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which of the following accounts will never be included in the inventory accounts on the balance sheet for a baking company? President’s salary Depreciation on factory equipment Baker’s salary Supervisor’s salary

Respuesta :

Otras preguntas

which of the following accounts will never be included in the inventory accounts on the balance sheet for a baking company?
President’s salary
Depreciation on factory equipment
Baker’s salary
Supervisor’s salary