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A balance sheet is composed of assets, liabilities, and revenues. (Points : 2) True False
Question
Asked 9/29/2012 9:54:23 PM
Updated 8/3/2014 2:32:11 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Edited by andrewpallarca [8/1/2014 3:59:33 PM], Confirmed by andrewpallarca [8/1/2014 3:59:34 PM], Unconfirmed by andrewpallarca [8/3/2014 2:32:11 PM], Flagged by andrewpallarca [8/3/2014 2:32:11 PM]
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Original conversation
User: A balance sheet is composed of assets, liabilities, and revenues. (Points : 2) True False

Weegy: TRUE. A balance sheet is composed of assets, liabilities, and revenues.



Question
Asked 9/29/2012 9:54:23 PM
Updated 8/3/2014 2:32:11 PM
1 Answer/Comment
This conversation has been flagged as incorrect.
Edited by andrewpallarca [8/1/2014 3:59:33 PM], Confirmed by andrewpallarca [8/1/2014 3:59:34 PM], Unconfirmed by andrewpallarca [8/3/2014 2:32:11 PM], Flagged by andrewpallarca [8/3/2014 2:32:11 PM]
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A balance sheet is composed of assets, liabilities, and revenues.
This statement is FALSE. A balance sheet includes assets, liabilities and EQUITY.
Revenues appear on the income statement.

Added 8/3/2014 2:19:12 PM
This answer has been confirmed as correct and helpful.
Confirmed by andrewpallarca [8/3/2014 2:32:17 PM], Rated good by andrewpallarca
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Questions asked by the same visitor
It is acceptable to begin a sentence with a number represented as a numeral as in "30 days has September." (Points : 2) True False
Question
Updated 1/15/2016 5:48:43 AM
1 Answer/Comment
It is acceptable to begin a sentence with a number represented as a numeral as in "30 days has September." FALSE
Added 1/15/2016 5:48:40 AM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [2/5/2016 1:07:25 AM]
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