Balance Sheet Flashcards
1
Q
1
A
Find Current Assets
2
Q
2
A
Find Long-Term Assets
3
Q
3
A
Find the Total Assets
4
Q
4
A
Find the Current Liabilities
5
Q
5
A
Find the Long-Term Liabilities
6
Q
6
A
Find the Shareholders Equity
7
Q
7
A
Find the Total Liabilities and Shareholders Equity
8
Q
Definition of The Balance Sheet.
A
Reports the assets, liabilities, and equity of a company as of the end of a particular accounting period.