Question and answer
Which of the following best describes a liability? A. Anything of value owned by the business B. Something that a business owes C. Listed on the left-hand side of a balance sheet D. Always equal to
an asset
A liability describes anything of value owned by the business.
Get an answer
Original conversation
User: Which of the following best describes a liability? A. Anything of value owned by the business B. Something that a business owes C. Listed on the left-hand side of a balance sheet D. Always equal to an asset





Weegy: A liability describes anything of value owned by the business.
Expert answered|kaysha|Points 4303|

User: Which of the following best describes an asset? A. Anything of value owned by the business B. Always equal to a liability C. Listed on the right-hand side of a balance sheet D. Something that a business owes

Weegy: Sorry and asset is Anything of value owned by the business and a liability is something the business owes.
Expert answered|kaysha|Points 4303|

Question
Asked 11/1/2012 10:17:46 AM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Which of the following best describes owner’s equity? A. Equal to the business’ liabilities less the business’ assets B. The owner’s interest or worth in the business C. What the owner owes the business D. What the business owes
Weegy: A. Equal to the business’ liabilities less the business’ assets User: All of the following describe a balance sheet except which one? A. The balance sheet reflects the results of multiple transactions. B. The balance sheet contains assets, liabilities, and owner’s equity sections. C. The balance sheet is a picture of a business in financial terms. D. The balance sheet contains only assets and liabilities sections. (More)
Question
Expert Answered
Asked 11/1/2012 10:34:05 AM
0 Answers/Comments
Owns taxi (automobile) worth $1315 A. Asset B. Liability C. Both D. neither
Weegy: Owns taxi (automobile) worth $1,315 A. Asset (automobile is an asset) (More)
Question
Expert Answered
Asked 11/1/2012 5:32:11 PM
0 Answers/Comments
If someone owns a taxi (automobile) worth $1315 it is an A. Asset B. Liability C. Both D. neither
Weegy: Owns taxi (automobile) worth $1,315 A. Asset (automobile is an asset) User: Your supplies on hand are A. Asset B. Liability C. Both D. neither Weegy: Your supplies on hand are A. Asset. (More)
Question
Expert Answered
Asked 11/1/2012 5:40:55 PM
0 Answers/Comments
18,381,612 questions answered
Popular Conversations
The value of y varies directly with x, and y = 3 when x = 1. Find y ...
Weegy: An example of a quadratic equation is y = x^2 - 5 User: The value of y varies directly with x, and y = 4 ...
11/19/2014 7:46:35 AM| 6 Answers
Stomata and mitochondria are two specialized cells found only in ...
Weegy: TRUE. Stomata and mitochondria are two specialized cells found only in plants. User: Helps the cell move ...
11/19/2014 12:29:59 AM| 4 Answers
What is the equation of the line described below written in ...
Weegy: 3x - 2y = 5 -2y = -3x + 5 y = (3/2)x - 5/2 which is the slope intercept form. User: What is the slope of ...
11/19/2014 9:09:35 AM| 3 Answers
Factor this expression completely mr + ns - nr - ms User: Factor n ...
Weegy: 7x User: What is the middle term of the product of (x - 4)(x - 3)? -x x -7x Weegy: (x - 4)(x - 3) = x^2 ...
11/19/2014 10:32:08 AM| 3 Answers
Select the difference of (8x^2 - 3x^3) - (2x^2 - 5x^3)
Weegy: (2x^2 - 3x^3) - (8x^2 - 5x^3) = (2x^2 - 3x^3) + (-8x^2 + 5x^3) = 2x^3 - 6x^2 User: Simplify the following ...
11/19/2014 7:15:19 PM| 3 Answers
Complete the standard form of the equation –4y = 3 – 2x. User: Which ...
Weegy: 8 ? 4(x ? y) = 6x + 6 in standard form is: 2x + 4y = 2 User: What is the x-intercept of the line with the ...
11/19/2014 8:10:03 PM| 3 Answers
Which is true of transmission electron microscopes? a. They show ...
Weegy: The true of transmission electron microscopes b. They send a beam of light through a thin slice of a specimen. ...
11/19/2014 12:31:18 AM| 2 Answers
What is the slope of the line that contains the points (0, –8) and ...
Weegy: The answer is zero. The property is identity property of addition. This property states that any number plus 0 ...
11/19/2014 7:05:03 AM| 2 Answers
Weegy Stuff
S
L
1
L
P
C
1
P
C
1
L
P
C
1
Points 2075 [Total 13786]| Ratings 9| Comments 1985| Invitations 0|Online
S
L
Points 1073 [Total 3359]| Ratings 0| Comments 1073| Invitations 0|Offline
S
1
L
1
L
P
P
L
P
Points 609 [Total 13983]| Ratings 0| Comments 609| Invitations 0|Offline
S
L
Points 582 [Total 1103]| Ratings 6| Comments 522| Invitations 0|Offline
S
Points 258 [Total 290]| Ratings 1| Comments 248| Invitations 0|Offline
S
1
L
L
Points 200 [Total 6594]| Ratings 0| Comments 200| Invitations 0|Offline
S
L
Points 129 [Total 1425]| Ratings 3| Comments 99| Invitations 0|Offline
S
Points 50 [Total 50]| Ratings 0| Comments 0| Invitations 5|Offline
S
Points 37 [Total 37]| Ratings 0| Comments 37| Invitations 0|Offline
S
Points 30 [Total 30]| Ratings 3| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.