menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting Study Set 1
  4. Exam
    Exam 1: Accounting Concepts and Procedures
  5. Question
    The Three Elements That Make Up a Balance Sheet Are
Solved

The Three Elements That Make Up a Balance Sheet Are

Question 41

Question 41

True/False

The three elements that make up a balance sheet are assets,liabilities and revenues.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q9: Accounting provides information to<br>A) managers.<br>B) government.<br>C) investors.<br>D)

Q36: Which of the following is NOT a

Q38: The net income or net loss is

Q39: Creditors' claims against assets are called liabilities.

Q42: A purchase of a vehicle for cash

Q45: The financial statement that shows business results

Q46: Tracey's Photography completes the following transactions:<br> <img

Q76: Discuss the advantages and disadvantages of sole

Q98: Revenue, expenses, and withdrawals are subdivisions of<br>A)

Q111: Which of the following items are on

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines