Multiple Choice
Capital is
A) an owner's permanent investment in the business.
B) equal to liabilities minus owner's equity.
C) equal to assets minus owner's equity.
D) equal to liabilities plus drawings.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q175: Which of the following is <b>not</b> an
Q176: Identify the impact on the accounting equation
Q177: For the items listed below fill in
Q178: Which of the following would <b>not</b> be
Q179: A problem with the monetary unit assumption
Q181: The Securities and Exchange Commission oversees U.S.
Q182: A common set of standards that provides
Q183: Management of a business enterprise is the
Q184: Which of the following is an external
Q185: Owners' claims to total business assets take