Final answer:
Accounts payable (d) is an item found on the balance sheet, categorized as a liability, unlike net income, cash operating expenses, and cost of goods sold, which are all part of the income statement.
Step-by-step explanation:
The correct answer is d) Accounts payable. A balance sheet is a financial statement that lists an entity's assets, liabilities, and shareholders' equity at a specific point in time.
An asset is something of value that is owned and can be used to produce something, whereas a liability is a debt or something that is owed. On a balance sheet, accounts payable represents money owed by a company to its creditors or suppliers and is considered a liability.
In contrast, net income is a part of the income statement, and cash operating expenses and cost of goods sold are part of the income statement as well, thus not items found on a balance sheet.