Answer: Assets = Liabilities + Stockholders Equity.
Explanation: Assets refers to the resources owned by a firm for operating its business. Equity refers to the amount of fund invested in the business by the shareholders and liabilities are the obligations of the business.
Thus, it is assumed that every asset that an organisation owns is either purchased by the funds that belongs to the shareholders or on credit by taking liabilities into account.
Hence, from the above we can conclude that ,Assets = Liabilities + Stockholders Equity, correctly depicts the accounting equation.
Answer:
The correct answer is B. may change as time passes and circumstances
Explanation:
The concept of comparative advantage is one of the basic foundations of international trade. It assumes as decisive the relative costs of production and not the absolute ones. In other words, countries produce goods that have a lower relative cost compared to the rest of the world.
Planning is often called the primary management function because,
a. it establishes the basis for all the other things managers do
-Mabel <3
The type of account that is typically the most liquid is the one that could be easily converted into Cash within short period of time. Such as : Checking Account. In order to turn Checking account into cash, you just have to bring it to the bank