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Author Question: The balance sheet contains these three elements of a business: (Read 197 times)

jayhills49

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Question 1

Owner's equity is:
◦ considered a debt on a balance sheet
◦ also called stockholder's equity
◦ the amount of clear ownership or owner's rights to the properties
◦ all of these pertain to owner's equity

Question 2

The balance sheet contains these three elements of a business:
◦ assets, liabilities, and total sales
◦ assets, liabilities, and owner's equity
◦ liabilities, capital, and cost of goods sold
◦ assets, total sales, and net income


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Marked as best answer by jayhills49 on Feb 26, 2020

patma1981

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jayhills49

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Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review


amynguyen1221

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Reply 3 on: Yesterday
Excellent

 

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