Management Notes

Reference Notes for Management

The Accounting Equation may be expressed as

The Accounting Equation may be expressed as

Options

 

A) Assets = Liabilities – Owner’s Equity.

B) Assets = Liabilities + Owner’s Equity.

C) Liabilities = Owner’s Equity – Assets.

D) all of the above.

 

The total cost of an asset less its accumulated depreciation is called:

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