If a business buysraw materialsand pays in cash, it will result in an increase in the company’sinventory(an asset) while reducing cash capital (another asset). Because there are two or more accounts affected by every transaction carried out by a company, the accounting system is referred to...
百度试题 结果1 题目What is the basic accounting equation? A. Assets = Liabilities + Equity B. Assets = Liabilities - Equity C. Assets + Equity = Liabilities D. Liabilities = Assets - E. quity 相关知识点: 试题来源: 解析 A 反馈 收藏 ...
Question: 5. What is the accounting equation? A) Assets = Liabilities + Equity B) Assets + Liabilities = Equity C) Assets = Revenue - Expenses D) Liabilities = Assets + Equ...
In its most basic form, the accounting equation shows what a company owns, what a company owes, and what stake the owners have in the business. The equation starts off with the company assets. These are the resources that the company has to use in the future like cash, accounts receivable...
Before you use the accounting equation, you need to know the parts of the balance sheet used in the equation. Your balance sheet is a financial statement that tracks your company’s finances. There are three parts to the balance sheet: assets, liabilities, and equity. Assets are any items...
This system ensures that the accounting equation (assets = liabilities + equity) is always in balance. 5. What is the difference between assets and liabilities?(资产和负债的区别是什么?) Assets are resources owned by a company that have economic value and can be used to generate future ...
This equation gives a statistical representation of a human population or subpopulation. ByFiorite— On Sep 05, 2010 You can also look at the financial accounting equation in another way. The equation is also written as one's assets are the equivalent of his or her net worth and liabilities....
What is used in the weighted average cost of capital equation? What is managerial accounting? a. What are the three major sections of a balance sheet? b. What is the balance sheet equation? Describe what is meant by the term balance sheet equation. ...
The basic accounting equation may be expressed as what? What is operating leverage and how is it calculated? Explain. Are there any items estimated on the income statement? If so, what are they? What are the different ways these items are estimated, in other words how are they estimated?
The accounting equation is at the root of transaction analysis in business. When a business executes any transaction -- a sale to a customer, a purchase, a debt payment, a stock sale -- the accounting equation must remain in balance. If the equation isn'