Solved

The Interest in the Assets of an Entity That Remains

Question 26

Multiple Choice

The interest in the assets of an entity that remains after subtracting its liabilities is referred to as:

A) a gain.
B) equity.
C) a debt.
D) income.

Related Questions

Q21: Accounting standards in the USA are issued

Q22: Table 17-1<br> In 2016, a developer

Q23: All of the following accounting practices are

Q24: AASB 101 requires that accounting policy changes

Q25: The body that is responsible for the

Q27: The Financial Reporting Council (FRC)was established by

Q28: Alpha Hardware sells on the instalment plan.Sales-related

Q29: All entities using the same terms to

Q30: Which of the following statements is incorrect?

Q31: The basic accounting concepts and principles:<br>A)explain the