Accountıng I Deneme Sınavı Sorusu #1135322
Which of the following is not a section in a classified balance sheet?
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Current assets |
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Non-current assets |
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Current liabilities |
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Owner's Equity |
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Trade Receivables |
Yanıt Açıklaması:
Assets are divided into two sections: current assets and non-current assets. Liabilities are also divided into two sections: current liabilities and non-current (long-term) liabilities. There is one more section in the classified balance sheet and, that is for the owner’s equity.
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