Respuesta :
Answer: Revenues
Explanation: Balance sheet is a form of financial statement which shows the assets and liabilities of an entity at a specific point of time, that is, at the end of the year. It represents the financial position of the company.
Revenues are shown in the income statement and not in the balance sheet as revenue is generated throughout the year from business operations.
Hence from the above we can conclude that the right option is B.
A balance sheet is the type of financial statement that shows the true position of the business at the end of the year.
The balance sheet records all the assets and liabilities, but not revenue items, at the end of the year on a specific statement.
What is the balance sheet?
A balance sheet is the financial statement which is prepared at the end of the accounting year and shows the positions of assets and liabilities at the end of the year. It is prepared at the end of the year only and represent the financial position of any business.
Recording of revenues at the end of the year:
Revenues are recorded in the income statement but not in the balance sheet, as revenue is created end-to-end of the year from business operations. And it is not the part of the balance sheet.
Therefore, option B is correct.
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