Which balance sheet format are managers using when they list a businesss assets on the left side

Question:

Which balance sheet format are managers using when they list a business’s assets on the left side of the balance sheet report, with liabilities and owners’ equity listed on the right side of the report?

a. Account format

b. Debit format

c. Credit format

d. Report format

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...