Justify either or against with two reasons - Liabilities are always more than assets.
Answers
Answered by
1
Answer:
The assets on the balance sheet consist of what a company owns or will receive in the future and which are measurable. Liabilities are what a company owes, such as taxes, payables, salaries, and debt. ... For the balance sheet to balance, total assets should equal the total of liabilities and shareholders' equity.
Similar questions
Computer Science,
20 days ago
India Languages,
1 month ago
Accountancy,
1 month ago
Math,
7 months ago
English,
7 months ago