Use Samsung's December 31, 2015, financial statements in Appendix A near the end of the book to
Question:
a. Identify the amounts (in millions of Korean won) of Samsung's 2015
(1) Assets,
(2) Liabilities,
(3) Equity.
b. Using amounts from part a, verify that Assets = Liabilities + Equity.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Fundamental Accounting Principles
ISBN: 978-1259536359
23rd edition
Authors: John Wild, Ken Shaw, Barbara Chiappett
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