Answer:
A. not affect the total value of any of the equity accounts.
Explanation:
A balance sheet can be defined as a financial statement of an organization which is typically used to record financial informations liabilities, capital, shareholder's equity, assets, debts at a specific period of time.
In respect to a balance sheet, a stock split will not affect the total value of any of the equity accounts.
A stock split can be defined as a process in which a company divides its existing shares of the stock it owns into multiple new shares to its shareholders in proportion to the amount of their holdings. Thus, a stock split will not affect the total value of any of the equity accounts with respect to a balance sheet.
Answer:
The correct answer is B
Explanation:
Balance sheet is the one of the most vital financial statements which states or represent the financial position of the business at a particular date, and the items that are lists the owner's equity, assets and liabilities at particular time.
In short, the balance sheet is the statement which represent the net worth of the business. So, the items of the balance from the above options are cash, wages payable, long- term debt, inventory and retained earnings.
Disagree. Liabilities can be met in ways other than money.
In accounting, a liability is a debt that is owed and must be payed with money, but there are also legal liabilities and other obligations that are not monetary.
Your answer is...............d. If you were starting college all over again, what courses would you take?
