题目内容

Liabilities is the owner’s claim on assets, and is also called net assets or residual equity. ()

查看答案

搜索结果不匹配？点我反馈

更多问题

Depreciation expense for a period is the portion of a plant asset's cost that is allocated to that period. ()

Cost of goods sold is an expense, and is reported on the income statement. () 5

The rule that requires financial statements to reflect the assumption that the business will continue operating instead of being closed or sold, unless evidence shows that it will not continue, is the: ()

A. Going-concern assumption.
Business entity assumption.
C. Objectivity principle.
D. Cost Principle.

An example of a investing activity is: ()

A. Buying office supplies.
B. Obtaining a long-term loan.
C. Buying office equipment.
D. Selling inventory.