What is the right answer Which of the tollowing accounts wou

What is the right answer?

Which of the tollowing accounts would not appear on the financial siatements of a retailer that does not issue its own private label credit card? O A. Merchandise Inventory O B. Credit Card Recelvable OC. Merchandise Sales O D. Cash and Cash Equivalents

Solution

Merchandise inventory, sales and cash and cash equivalents appear on the fiancial statements.

Thus, account which not appears is credit card receivable.