Final answer:
A company's balance sheet does not include net profit, as it specifically appears on the income statement. The balance sheet contains assets, liabilities, and equity, which show the financial position at a specific point in time. The correct option is D.
Step-by-step explanation:
A balance sheet that presents a company's financial position does not contain entries for net profit. A balance sheet is primarily composed of three key components: assets, liabilities, and equity. Assets are what the company owns, such as cash, inventory, and property.
Liabilities are what the company owes to others, like loans and accounts payable. Equity, also known as net worth or capital, represents the owner's claim after liabilities are subtracted from assets.
Net profit, while a crucial figure in financial analysis, specifically appears on the income statement, which is another core financial document that shows a company's performance over a specified period of time.