Answered: The owners' claims to the assets of…

Business

Accounting

The owners' claims to the assets of the business are called ________. A.equity B.expenses C.debt D.return on assets

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter2: Introduction To Financial Statements

Section: Chapter Questions

Problem 1MC: Which of these statements is not one of the financial statements? A. income statement B. balance...

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Question

The owners' claims to the assets of the business are called ________.

A.equity

B.expenses

C.debt

D.return on assets

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