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Q 1/3
Score 0
Assets are?
30
Things you own
The relatively stable investments that can easily be changed into currency
An entry on the left side of an account
An entry on the right side of an account
Q 2/3
Score 0
Balance Sheet is
30
A financial statement of a company’s operation. Shows a company’s income, expenses, and income for a period of time. Shows the company’s profit or loss for a given period of time.
An official financial statement that includes the company’s assets and liabilities. It determines the value of the company by subtracting liabilities from assets.
