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ACC502 Unit2

QuestionAnswer
What is the Accounting Equation Assets = Liabilities + Equity
In what order are Assets listed? In order of liquidity
In what order are Liabilities listed? In order of maturity?
Refering to the Accounting Equation, What is included in 'Equity'? Contributed Capital AND Retained earnings
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
What category does fall under Current Asset, Long Term Asset, Current Liability, Noncurrent Liability, or Equity?
Created by: 562911135
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