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Accounting Lesson 2 Wed&Thurs 4-8&9

Quiz by Sally Bader

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The balance sheet is formatted a little different than when you first learned it - but the idea is still the same - Assets = Liabilities + Owners Equity
29
False
True

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3 questions

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Q1
The balance sheet is formatted a little different than when you first learned it - but the idea is still the same - Assets = Liabilities + Owners Equity
False
True
30s
Q2
The Balance Sheet in this Chapter 16 shows only the detail of the Owners Equity partners with over 25%.
True
False
30s
Q3
Some of the Liability accounts are not included on the Balance Sheet in this Chapter 16
False
True
30s

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