Answered

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Which account listed below should not show up on a balance sheet?

A. Notes payable
B. Accumulated depreciation for a building
C. Common stock
D. Sales returns and allowances

Sagot :

GinnyAnswer

Final answer:

Common stock should not appear on a balance sheet as it relates to ownership in the company, not liabilities.


Explanation:

Common stock should not show up on a balance sheet because it is part of the equity section rather than the liabilities section. Common stock represents ownership in the company and is not a liability that the company owes.


Learn more about Balance sheet components here:

https://brainly.com/question/39264939


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