Which of the following is a group of accounts that shows the rights of the owner or partners of the business on the assets of the business ? a) resources B) Past Years Profits NS) Equity Resources D) Snow Reserves TO) Long Term Liabilities

Which of the following is a group of accounts that shows the rights of the owner or partners of the business on the assets of the business ? a) resources B) Past Years Profits NS) Equity Resources D) Snow Reserves TO) Long Term Liabilities

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter2: Introduction To Financial Statements

Section: Chapter Questions

Problem 3MC: Identify the correct components of the income statement. A. revenues, losses, expenses, and gains B....

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Question

2nd -

Which of the following is a group of accounts that shows the rights of the owner or partners of the business on the assets of the business ?

resources

B)	Past Years Profits

NS)	Equity Resources

D)	Snow Reserves

TO)	Long Term Liabilities

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