Tài chính doanh nghiệpCâu 1139 / 1605
The fundamental accounting equation is:
a.Owner's Equity = Assets + Liabilities
b.Assets = Revenue - Expenses
c.Assets = Liabilities + Owner's Equity
d.Revenue = Assets + Liabilities
Giải thích
Assets = Liabilities + Owner's Equity is the foundation of the balance sheet. Everything the company owns is financed either by what it owes (liabilities) or by the owner's investment and retained earnings (equity).
Luyện miễn phí toàn bộ 1605 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- The current ratio is calculated as:
- A contractor has current assets of $200,000 and current liabilities of $80,000. What is his current ratio?
- Which financial statement reports a company's assets, liabilities, and owner's equity at a single point in time?
- A contractor's balance sheet shows total assets of $500,000 and total liabilities of $320,000. What is the owner's equity?
- Which statement summarizes revenues and expenses over a PERIOD of time to show profit or loss?
- A quick ratio (acid-test) differs from the current ratio because the quick ratio:
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Người kiểm duyệt Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — kiểm tra)