What is equity??

Accounting Mcqs
BILAL KHATTAK0

A. Cash from the business
B. liability of a business 
C. Owner’s claim on total assets  
D. Owner’s claim on total liabilities

Related Mcqs:

  1. Which of following best describes the increase in equity expands___________??
  2. Which of the following statements is/are true ??
  3. Which of the following statements is false ? select the false from below options?
  4. Which of the following accounting equation is correct??
  5. Debts which are payable in the course of a month are called _____________??
  6. The DuPont Identity tells us that Return on Equity is affected by:?
  7. Depreciation decreases____________??
  8. Discount allowed is___________??
  9. Generally the term fund is used to mean the difference between??
  10. Which one of the following formulae gives the correct measure of ‘Rate of Capital turnover’?

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