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Degger [83]
3 years ago
14

The balance sheet identifies the productive resources (assets) that a firm uses to generate income, as well as the sources of fu

nding from creditors (liabilities) and owners (shareholders' equity) that were used to buy the assets.A) TrueB) False
Business
1 answer:
docker41 [41]3 years ago
5 0

Answer:

A) True

Explanation:

The Balance Sheet is a snapshot of the financial situation of a company at the end of the accountable period. It shows which productive resources (assets) the company has for the development of its activities and how they are financed. Assets can be financed by external (Obligation with creditors – Liabilities) or internal sources (Issuing equity shares - Shareholders' equity). As every Asset must be financed either or both with Liabilities or Shareholders' equity, in the Balance Sheet, the accountable equation is represented.

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Answer:

No

Explanation:

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Molly cannot simply pick up where she left off because two years after the license expires, all license rights lapse. Molly must re-qualify through the examination process before being licensed in real estate once again.

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3 years ago
Assume that Wizard Internet is operating as a general partnership, what is Caleb's personal tort liability for Anna's actions wi
shutvik [7]

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3 years ago
The Global economy a. is trend that is fading quickly b.has only positive effects for United State c. has eliminated some jobs i
rodikova [14]
Its probably C. The other answers are highly unlikely. 
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3 years ago
Joe's income is $500, the price of food (F) is $2 per unit, and the price of shelter (S) is $100. Which of the following represe
Shkiper50 [21]

Answer:

A) 500 = 2F + 100S.

Explanation:

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I hope my answer helps you.

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Which of the following is a critical dilemma when implementing fiscal policy in reference to timing lags?
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