Write the accounting equation. Then define each ...

[melly21297]

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]

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

[melly21297]

Thanks for the timely response, appreciate it

[cdmart10]

Gracias!