Which equations are correct？
A. Profit = Income – Expenses
B. Assets = Liabilities +Owner’s Equity + Income – Expenses
C. Assets = Liabilities +Owner’s Equity
D. Assets = Liabilities - Owner’s Equity
查看答案
Financial statements include?
A. Balance sheet
B. Trial balance sheet
C. Statement of profit or loss
D. Cash statement
Which ones are included by liabilities?
A. Notes payable
B. Rent revenue
C. Accounts payable
D. Taxes payable
Which ones are included by revenue?
A. Fees earned
B. Commissions revenue
C. Rent revenue
D. Accounts receivable
Accounting errors are
A. Incorrect entry
B. Transposition error
C. Single entry error
D. Statement error
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