True or false: on the balance sheet, assets must equal liabilities plus stockholder's equity.

Social Studies

2 answers:

uranmaximum [27]1 year ago

4 0

This is true. On the balance sheet assets must equal liabilities plus stockholder's equity.

<h3>What is the balance sheet?</h3>

This is the term that is used to refer to the financial balances of an individual or of a corporation. It is the term that has to do with the reports of assets and liabilities at a particular time.

The name has to do with the fact that assets will equal liabilities and shareholders equity every time. Hence we can sayu that This is true. On the balance sheet assets must equal liabilities plus stockholder's equity.

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