Which of the following entries would typically appear in a balance sheet?

Total liabilities are a critical component of a balance sheet, which presents the financial position of an entity at a specific point in time. The balance sheet comprises three key sections: assets, liabilities, and equity. Liabilities represent what the company owes to external parties and are necessary to assess the financial obligations that the business has incurred.

In contrast, sales revenue and operating expenses are part of the income statement, which measures performance over a period by showing revenues earned and expenses incurred. Net income, which is derived from the income statement, is also not recorded directly on the balance sheet; instead, it affects the equity section through retained earnings.

In summary, total liabilities are essential to demonstrate the extent of a company's financial obligations, making it the correct answer for what typically appears on a balance sheet.