Which item would not appear on a Balance Sheet?1 pointRetained EarningsAccounts Receivable Prepaid expenses Interest Payable Gross Profit

The item that would not appear on a Balance Sheet is "Gross Profit".

Here's why:

1. A balance sheet is a financial statement that provides a snapshot of what a company owns (assets), what it owes (liabilities), and the shareholders' interest (equity) at a specific point in time.

2. "Retained Earnings", "Accounts Receivable", "Prepaid Expenses", and "Interest Payable" are all components that can be found on a balance sheet.

   • "Retained Earnings" are part of the equity section.
   • "Accounts Receivable" and "Prepaid Expenses" are part of the assets section.
   • "Interest Payable" is part of the liabilities section.

3. "Gross Profit", on the other hand, is a component of an income statement, not a balance sheet. Gross profit is calculated as sales minus the cost of goods sold. It shows a company's profitability after subtracting the cost associated with producing and selling its products.