1- The current section of a balance sheet includes which one of the following accounts?

1- Office Expenses
2- Accumulated depreciation
3- Advances from Clients
4- Mortage Payable

Thanks for your help
Dell

LeeAnnMemphis

Office Expenses- that is an Expense, goes on income statement.
Accumulated deprecation- Long term asset
Mortgage payable- that is a long term liability
Advances from Client- that is a current liability, so
3 is the answer.

Dell

Thank you for your help.
Dell

manik chand dey

Advances from clients