🎴 Flashcard Mode

Accounting (CA - CPT)

Card1 / 15
Mastered0
Review0
QuestionClick to flip

Which of the following reveals the relation between capital, assets and liabilities?

AnswerClick to flip back
A
Capital = Assets - Liabilities
💡 Explanation:

Correct; capital invested is always the subtraction of liabilities from assets.

Change Mode