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
A: ASSETS - LIABILITIES + OWNER'S EQUITY
B: ASSETS - LIABILITIES = OWNER'S EQUITY
C: OWNER'S EQUITY = ASSETS + LIABILITIES
D: OWNER'S EQUITY = LIABILITIES - ASSETS
举一反三
- Johnson company pays the software company $5,000 with a check that they bought. Which the following statement is true? A: Assets are increase and liabilities are increase. B: Assets are decrease and owner’s equity is decrease. C: Assets are decrease and liabilities are decrease. D: Assets are increase and owner’s equity is increase.
- 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 of Emerald Co. equal one-third of the total assets, and owner’s equity is $120,000. What is the amount of the liabilities?
- The liabilities and owner's equity of B Company are $94,000 and $39,000. What's the amount of the assets?