The correct answer is C. assets.
The balance sheet is a financial statement that reports a company’s assets, liabilities, and equity at a specific point in time. The assets are listed on the left side of the balance sheet, and the liabilities and equity are listed on the right side.
Assets are resources that a company owns and expects to benefit from in the future. They can be tangible, such as cash, inventory, and equipment, or intangible, such as patents and trademarks.
Liabilities are obligations that a company owes to others. They can be current liabilities, which are due within one year, or long-term liabilities, which are due more than one year in the future.
Equity is the difference between a company’s assets and its liabilities. It represents the ownership interest of the company’s shareholders.
In conclusion, the right side of the balance sheet states the assets of a company.