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Management · Q354

Financial Management

Graduate and Post Graduate · Management · question 354

Q354

Right side of balance sheet states the

A.
appreciated earnings
B.
liabilities
C.
assets
Answer
D.
stocks earnings

Answer: Option C

Solution

Answer: Option C
Solution:
Right side of balance sheet states the assets. An asset is a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide a future benefit.