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Match the balance sheet entries on the left with their corresponding real- world features on the right. Net worth Property Liability Debt Asset Equity
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Match the balance sheet entries on the left with their corresponding real-

world features on the right.
Net worth
Property

Liability
Debt
Asset
Equity

User John Kalane
by
5.5k points

1 Answer

5 votes

Answer:

the correct answer is,

  1. Net worth: Equity
  2. Property : Asset
  3. Liability : Debt

Step-by-step explanation:

in real world, only the terms are different. yet the concepts and how the numbers are calculated are the same.

User Omar Einea
by
6.1k points
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