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Accounting Lesson 2 Wed&Thurs 4-8&9

Quiz by Sally Bader

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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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