Answered: Which of these relationships is false?…

Which of these relationships is false? a. Current Asstes+NON-Current Assests=Liabilites+Equity b. Assets-Liabilities=Equity c. Assets-Equity=Non-Current Liabilties

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question

Which of these relationships is false?

a. Current Asstes+NON-Current Assests=Liabilites+Equity

b. Assets-Liabilities=Equity

c. Assets-Equity=Non-Current Liabilties

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