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College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
Question List for "College Accounting: A Practical Approach"
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Last post
Accounting
»
Creditors' claims against assets are called owner's equity.
Started by
jayhills49
122
Nov 10, 2019
Accounting
»
To distinguish the total on a financial statement, use double underlines.
Started by
mp14
67
Nov 10, 2019
Accounting
»
If the assets owned by a business total $50,000 and liabilities total $30,000, then owner's equity ...
Started by
Chloeellawright
119
Nov 10, 2019
Accounting
»
In a shift of assets, the composition of the assets changes but total assets do not change.
Started by
Davideckstein7
105
Nov 10, 2019
Accounting
»
If the assets owned by a business total $100,000, owner's equity must also total $100,000.
Started by
big1devin
149
Nov 10, 2019
Accounting
»
The left side of the accounting equation must always equal the right side of the equation.
Started by
joblessjake
174
Nov 10, 2019
Accounting
»
If the liabilities owed by a business total $200,000, then the assets must also total $200,000.
Started by
123654777
84
Nov 10, 2019
Accounting
»
Double-underlining is used for every sub-section on a Balance Sheet.
Started by
scienceeasy
70
Nov 10, 2019
Accounting
»
The balance sheet shows the company's financial position as of a particular date.
Started by
charchew
102
Nov 10, 2019
Accounting
»
Cash is the same thing as Capital.
Started by
HCHenry
35
Nov 10, 2019
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