The Balance Sheet provides information about all of the following, except __________.1 pointShareholders’ equityLiabilitiesAssetsRevenues

Break Down the Problem

1. Identify the components of a balance sheet.
2. Determine which option does not belong to the information provided by a balance sheet.

Relevant Concepts

1. A balance sheet summarizes a company's financial position at a specific point in time.
2. It consists of three main components: Assets, Liabilities, and Shareholders' Equity.
3. Revenues are part of the income statement, not the balance sheet.

Analysis and Detail

1. Assets: These are resources owned by the company that have economic value.
2. Liabilities: These are obligations or debts that the company needs to pay off in the future.
3. Shareholders' Equity: This represents the owners' claims on the assets of the business after all liabilities have been deducted.
4. Revenues: This is the income generated from normal business operations, listed in the income statement.

Verify and Summarize

The balance sheet does not include revenues, as it focuses on the company's financial position, not its operational performance.

Final Answer

The Balance Sheet provides information about all of the following, except Revenues.