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A _______ is a debt of a business. A. liability B. asset C. none of the answers D. owners equity ________ would cause the value
A _______ is a debt of a business.
A. | liability | |
B. | asset | |
C. | none of the answers | |
D. | owners equity |
________ would cause the value of a business to rise and typically results when money is coming in to the business or the assets of a business are growing.
A. | revenues | |
B. | all of the above | |
C. | none of the answers | |
D. | expenses |
_________ would cause the value of a business to fall and typically results when money is flowing out of the business or the debts of a business are growing.
A. | revenues | |
B. | expenses | |
C. | capital investment by owner | |
D. | none of the answers |
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