📒
What is equity?
Accountingmedium
ACash from the business
Bliability of a business
Owner’s claim on total assets
DOwner’s claim on total liabilities
Correct Answer: C. Owner’s claim on total assets
Related Questions
Accounting
The assets which have some market value are called ____________?
Accounting
Assets having physical existence are called ___________?
Accounting
When owner withdraw cash for its private use, it is called ___________?
Accounting
Building and furniture are called ____________?
Accounting
Which of the following is true about a trial balance?