商业财务第 1229 / 1632 题
A balance sheet is said to 'balance' because:
a.Revenue for the period always equals expenses
b.Assets equal liabilities plus owner's equity
c.Total assets always equal the net profit
d.Cash on hand always equals the liabilities owed
解析
The balance sheet balances because of the identity Assets = Liabilities + Owner's Equity, and double-entry bookkeeping records every transaction so that the identity holds. Revenue equalling expenses would mean zero profit, which is a coincidence and belongs to the income statement anyway. Assets equalling net profit confuses a stock of resources with a period result. And cash equalling liabilities would be an accident of one moment, not a rule.
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