Assets always amount to the sum of liabilities and the owner's equity.
举一反三
- Owners' equity is measured by subtracting liabilities from assets. This sentence can be described as the following equation ______. A: ASSETS - LIABILITIES + OWNER'S EQUITY B: ASSETS - LIABILITIES = OWNER'S EQUITY C: OWNER'S EQUITY = ASSETS + LIABILITIES D: OWNER'S EQUITY = LIABILITIES - ASSETS
- The assets of Company A are $145,200, and the owner’s equity is $26,000. What is the amount of the liabilities?
- is the interest of the owners in an enterprise. Also known as owner's equity. A: Owner's equity B: Capital C: Assets D: Liabilities
- The liabilities and owner's equity of B Company are $94,000 and $39,000. What's the amount of the assets?
- The liabilities of Emerald Co. equal one-third of the total assets, and owner’s equity is $120,000. What is the amount of the liabilities?