Double-entry bookkeeping 1: debits, credits, T accounts, the trial balance, and the financial statements

Quiz Content

not completed
. Complete the following statement by choosing the correct word for each gap.
The accounting equation states that __________ = __________ + __________

not completed
. Complete the following statement by choosing the correct word for each gap.
__________ = __________ + __________ - __________ - __________

not completed
. Complete the following statement by choosing the correct word for each gap.
The expanded accounting equation states that _________ + _________ = _________ + _________ + _________