The correct answer is A. assets on balance sheet.
Assets are resources that a company owns and expects to benefit from in the future. They are listed on the balance sheet, which is a financial statement that shows a company’s assets, liabilities, and equity at a specific point in time.
Cash and equivalents are the most liquid assets, meaning they can be easily converted into cash. Inventories are the goods that a company has on hand for sale. Accounts receivable are the amounts that customers owe to a company for goods or services that have been sold.
Liabilities are the debts that a company owes to others. They are listed on the balance sheet, along with assets and equity.
Earnings are the profits that a company makes after accounting for all of its expenses. They are reported on the income statement, which is a financial statement that shows a company’s revenues, expenses, and net income over a period of time.
Payments are the amounts that a company spends on its expenses. They are reported on the income statement, along with revenues and net income.
In conclusion, cash and equivalents, inventories, and accounts receivables are classified as assets on the balance sheet.