Multiple Choice
Which of the following would be listed in the owners' equity section of a balance sheet?
A) accounts receivable
B) cash
C) net income
D) retained earnings
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q17: A high inventory turnover ratio is bad
Q18: Indirect costs tend to be a result
Q19: For what purpose would shareholders be most
Q20: Firms must disclose changes in accounting methods
Q21: If the auditor does not find any
Q23: Business expenses are available resources that stakeholders
Q24: Strong financial performance would help employees make
Q25: Ralph owns some stock in the Lottadoe
Q26: Which of the following are assets?<br>A) salaries
Q27: Accounting is a system for recognizing, recording,