Which item is commonly found on a company's balance sheet?

A company’s balance sheet is designed to provide a snapshot of its financial position at a specific point in time. It primarily features assets, liabilities, and equity. Current assets are particularly significant as they represent the company's resources that are expected to be converted into cash or used up within one year. This category typically includes cash, accounts receivable, inventory, and other liquid assets.

Expenses and revenues, on the other hand, are components of the income statement, which details the company’s financial performance over a period. Cost of goods sold also falls under the income statement as it reflects the direct costs of producing the goods sold by a company during a specific period. Therefore, while important to a company's overall financial health, expenses, cost of goods sold, and revenues do not appear on the balance sheet. This distinction is crucial for understanding the functions of different financial statements.