Refer to KTMs 2011 balance sheet in Appendix A near the end of the book. Confirm that

Question:

Refer to KTM’s 2011 in Appendix A near the end of the book. Confirm that its total assets equal its total liabilities plus total equity.

Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...