What does the Balance Sheet actually tell us?
About the Lecture
The lecture What does the Balance Sheet actually tell us? by Clint Locke is from the course Archiv - Financial Accounting: Understanding the Big Picture. It contains the following chapters:
- Home purchase example
- Liquidation example
Included Quiz Questions
What does the equity account telling us?
- It tells us how much we have invested into the business.
- It tells us the value of the business.
- It tells us the amount of debts of the business.
- None of the answers is correct.
What does a balance sheet consists of?
- Assets, liabilities, owner’s equity
- Assets, owner’s equity, borrowed capital
- Liabilities, owner’s equity, borrowed capital
- Assets, liabilities
Author of lecture What does the Balance Sheet actually tell us?
Clint Locke
Customer reviews
5,0 of 5 stars
| 5 Stars |
|
5 |
| 4 Stars |
|
0 |
| 3 Stars |
|
0 |
| 2 Stars |
|
0 |
| 1 Star |
|
0 |
