Identify which of the following items would appear on a balance sheet.
(a)Cash
(b)Fees earned
(c)Joe Brown, capital
(d)Wages payable
(e)Rent expense
(f)Prepaid advertising
(g)Land

Balance Sheet

A financial statement that shows a company's financial position at a specific point in time by detailing assets, liabilities, and owner's equity.

Cash

Money in the form of coins or banknotes, typically used for transactions.

Fees Earned

Income generated from providing services to clients or customers, often recorded when the service is performed under accrual accounting.