Q191
In which of the following sections of a balance sheet are "Inventories" listed?
A.
Current assets
AnswerB.
Property, plant and equipment, at cost
C.
Current liabilities
D.
Shareholders' Equity
Answer: Option A
Solution
Answer: Option A
Solution:
In Current assets sections of a balance sheet are "Inventories" are listed. Inventory is commonly thought of as the finished goods a company accumulates before selling them to end users.