Which one is not belongs to liability? A.Mobile Phone Bill B.Bank Loan C.Bank Balance D.Owed to Friends 2. Mr.W has current assets of $500 and total assets of $1500. ABC has current liabilities of $300 and total liabilities of $800. What is the amount of ABC's owner's equity? A.200 B.700 C.900 C.800 3.Which of the following would normally be a current liability? A. Note Payable Due In Two Years B. Unearned Revenue
Which one is not belongs to liability? A.Mobile Phone Bill B.Bank Loan C.Bank Balance D.Owed to Friends 2. Mr.W has current assets of $500 and total assets of $1500. ABC has current liabilities of $300 and total liabilities of $800. What is the amount of ABC's owner's equity? A.200 B.700 C.900 C.800 3.Which of the following would normally be a current liability? A. Note Payable Due In Two Years B. Unearned Revenue
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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1. Which one is not belongs to liability?
A.Mobile Phone Bill
B.Bank Loan
C.Bank Balance
D.Owed to Friends
2. Mr.W has current assets of $500 and total assets of $1500. ABC has current liabilities of $300 and total liabilities of $800. What is the amount of ABC's owner's equity?
A.200
B.700
C.900
C.800
3.Which of the following would normally be a current liability?
A. Note Payable Due In Two Years
B. Unearned Revenue
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