Author Question: Write the accounting equation. Then define each term.[br][br][b][color=#7BCCB5]Question ... (Read 64 times)

melly21297 · **on:** Jul 14, 2018

Write the accounting equation. Then define each term.

Question 2

The results of an evaluation should be discussed with an employee soon after the evaluation is completed.

Indicate whether the statement is true or false

emilymalinowski12 · **Reply #1 on:** Jul 14, 2018

Answer to Question 1

The accounting equation is Assets = Liabilities + Owners' equity. Assets are the resources a business owns. Liabilities are the firm's debts. Owner's equity is the difference between total assets and total liabilities.

Answer to Question 2

True