Q331
Left side of balance sheet states the
A.
appreciated earnings
B.
liabilities
AnswerC.
assets
D.
stocks earnings
Answer: Option B
Solution
Answer: Option B
Solution:
Left side of balance sheet states the liabilities. A standard company balance sheet has two sides: assets, on the left and financing, which itself has two parts, liabilities and ownership equity, on the right. Balance sheets are usually presented with assets in one section and liabilities and net worth in the other section with the two sections "balancing".