举一反三
- The classification of assets and liabilities as current or long-term depends on （ ）. A: The relative liquidity of the item B: Whether they appear on the balance sheet or the income statement C: Their order of listing in the ledger D: The format of the balance sheet
- Current assets are presented in the order of liquidity or convertibility into cash; while current liabilities are listed in the order that they come due.
- Current assets are presented in the order of liquidity or convertibility into cash; while current liabilities are listed in the order that they come due. A: 正确 B: 错误
- If a company presents its balance sheet in a format that includes subtotals for current assets, current liabilities, noncurrent assets, and noncurrent liabilities, it is most likely presented:（） A: in an account format. B: as a classified balance sheet. C: as a functional balance sheet.
- The balance sheet provides a snapshot of the firm’s assets and liabilities.
内容
- 0
Haley and Ethan own a small business and they are determining the firm’s assets. The amount of money in their checking account balance would be counted as __________. A: liquidity B: fixed assets C: current assets D: earnings before interest and taxes (EBIT)
- 1
There are three Elements in balance sheet, namely assets, liabilities and owner’s equity.
- 2
The ________ shows the assets, liabilities, and owners' equity of a firm, at a specific point in time. A: income statement B: balance sheet C: statement of cash flows D: trial balance
- 3
The last component of the balance sheet is _1__. It is what remains when you __2_all of the liabilities from all of the assets and it indicates the __3_ of a company.
- 4
On the balance sheet, liabilities are generally classified as A: current or long-term. B: legal or nonlegal. C: material or immaterial D: probable or estimated