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A、The cash in the balance sheet
B、the owners' equity in the balance sheet
C、the net income in the statement of owners’ equity
D、the owners’ equity in the balance sheet
A.Owner's equity
B.Capital
C.Assets
D.Liabilities
A.asset
B.liability
C.owners' equity
D.expense
A、owners’equity
B、cash
C、account receive
D、None of the above
Assets is measures by subtracting owners' equity from liabilities.
A.Right
B.Wrong
C.Doesn't say
A、Payment of Dividend Payable eliminates both the assets and the owners’ equity.
B、Liabilities are debts or obligations that must be discharged in money or services in the future.
C、Owners’ equity is a residual claim to the remaining assets after discharge of debts.
D、Balance sheet of corporations should separate Capital Stock and Retained Earnings
A.ASSETS - LIABILITIES + OWNER'S EQUITY
B.ASSETS - LIABILITIES = OWNER'S EQUITY
C.OWNER'S EQUITY = ASSETS + LIABILITIES
D.OWNER'S EQUITY = LIABILITIES - ASSETS
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