changes that occurred in shareholders' equity during the accounting period\ economic resources, obligations, and net worth\ cash collected and cash paid during the period\ QUESTION 5\ If a company's total assets equals

$90,000

and its shareholders' equity equals

$20,000

, then its liabilities must equal\ QUESTION 6\ Classify the Balance Sheet accounts listed below as an Asset, Liability, or Shareholders' Equity.\ Inventory\ A. Asset\ Bonds Payable\ B. Liability\ Accounts Payable\ C. Shareholders' Equity\ QUESTION 7\ Match the definition with each element of the accounting equation.\ Click Save and Submit to save and submit. Click Save All Answers to save all answers.

changes that occurred in shareholders' equity during the accounting period economic resources, obligations, and net worth cash collected and cash paid during the period QUESTION 5 If a company's total assets equals $90,000 and its shareholders' equity equals $20,000, then its liabilities must equal $ QUESTION 6 Classify the Balance Sheet accounts listed below as an Asset, Liability, or Shareholders' Equity. Inventory A. Asset Bonds Payable B. Liability Accounts Payable C. Shareholders' Equity QUESTION 7 Match the definition with each element of the accounting equation. Click Save and Submit to save and submit. Click Save All Answers to save all answers