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The accounting equation may be expressed as( )A. Assets = Equities - LiabilitiesB. Assets + Liabilities = Owner's EquityC. Assets = Revenues less LiabilitiesD. Assets - Liabilities = Owner's Equity

题目
The accounting equation may be expressed as( )

A. Assets = Equities - Liabilities

B. Assets + Liabilities = Owner's Equity

C. Assets = Revenues less Liabilities

D. Assets - Liabilities = Owner's Equity

相似考题

1.Quick ratio is calculated by dividing current assets by current liabilities.()此题为判断题(对，错)。

2.If the liabilities owed by a business total $500,000, then the assets also total $500,000.()此题为判断题(对，错)。

3.Paying an account payable increases liabilities and decreases assets()此题为判断题(对，错)。

4.If the liabilities owed by a business total $300,000 and owners equity is equal to $300,000, then the assets also total $300,000.()此题为判断题(对，错)。

更多“The accounting equation may be expressed as( ) A. Assets = Equities - LiabilitiesB. Assets + Liabilities = Owner's EquityC. Assets = Revenues less LiabilitiesD. Assets - Liabilities = Owner's ”相关问题

  • 第1题：

    Notes may be issued ( )

    A、when assets are purchased

    B、to creditor's to temporarily satisfy an account payable created earlier

    C、when borrowing money

    D、all of the above


    正确答案:D

  • 第2题：

    16 Which of the following statements about accounting concepts and conventions are correct?

    (1) The entity concept requires that a business is treated as being separate from its owners.

    (2) The use of historical cost accounting tends to understate assets and profit when prices are rising.

    (3) The prudence concept means that the lowest possible values should be applied to income and assets and the

    highest possible values to expenses and liabilities.

    (4) The money measurement concept means that only assets capable of being reliably measured in monetary terms

    can be included in the balance sheet of a business.

    A 1 and 2

    B 2 and 3

    C 3 and 4

    D 1 and 4


    正确答案：D

  • 第3题：

    17 Which of the following statements are correct?

    (1) All non-current assets must be depreciated.

    (2) If goodwill is revalued, the revaluation surplus appears in the statement of changes in equity.

    (3) If a tangible non-current asset is revalued, all tangible assets of the same class should be revalued.

    (4) In a company’s published balance sheet, tangible assets and intangible assets must be shown separately.

    A 1 and 2

    B 2 and 3

    C 3 and 4

    D 1 and 4


    正确答案：C

  • 第4题：

    Current _______ are those debts that must be paid within the year.

    A assets ;

    B equities ;

    C liabilities


    参考答案:C

  • 第5题：

    On the balance sheet, assets and liabilities are classified as either (61) or long-term to indicate their relative liquidity. Liquidity is a (62) of how quickly an item may be converted to cash. Therefore, (63) is the most liquid asset. Accounts receivable are a (64) liquid asset because the business expects to collect the amount in cash in the near future. (65) are less liquid than accounts receivable, and furniture and buildings are even less so.

    (46)

    A．short-term

    B．current

    C．circulating

    D．futures


    正确答案：B
    解析：句意：在资产负债表上，资产和负债被分为流动性和非流动性，以表示其相对的流动程度。short-term短期的。circulating流通的，循环的。circulating capital流动资本。

  • 第6题：

    Repayment of the term loan relies on

    A．the net inflow of future funds of the assets financed

    B．the net outflow of the future funds of the assets financed

    C．the total assets of the borrowing firm

    D．the total liabilities of the borrowing firm


    正确答案：C
    解析：第三句指出Thus, term loans look...to amortize and retire the credit, 意思是说定期贷款的偿还指望借款企业未来一系列收益。amortize and retire the credit偿还贷款。look to指望。倒数第三句Term loans normally are secured by fixed assets…意指固定资产可以保证贷款的偿还。结合两者可以推出定期贷款的偿还依靠借款企业的全部资产。

  • 第7题：

    听力原文：M: If a bank has inadequate liquidity, what would happen?

    W: In this case, it cannot obtain sufficient funds, either by increasing liabilities or by converting assets promptly. Thus, insufficient liquidity can lead to the insolvency of a bank.

    Q: What would lead to a bank's insolvency?

    (14)

    A．Adequate liquidity.

    B．Insufficient liquidity.

    C．Increasing liabilities.

    D．Converting assets.


    正确答案：B
    解析：从女士的回答“insufficient liquidity can lead to the insolvency of a bank”，可知资金流动不足可导致银行破产。

  • 第8题：

    听力原文：During the second half year, this bank had total assets of USD80.2 million.

    (7)

    A．The bank had aggregate assets of USD80,200,000.

    B．The bank had aggregate assets of USD80,020,000.

    C．The bank had aggregate assets of USD8,200,000.

    D．The bank had aggregate assets of USD18,200,000.


    正确答案：A
    解析：单句意思为“在下半年，这家银行的总计资产达到了八千零二十万美元。”

  • 第9题：

    A profit and loss statement indicates the company's ______.

    A．assets and liabilities at a particular point in time

    B．revenues and expenses for a specific period of time

    C．financial resources at a particular point in time

    D．performance at a particular point in time


    正确答案：B
    解析：企业的利润表反映的是企业在一定时间内经营成果(收入和支出)的报表。profit and loss statement损益表。A项是资产负债表内容。

  • 第10题：

    By what means does a business measure the worth of assets and liabilities?

    A．The monetary unit.

    B．Dollar.

    C．The value of the monetary unit.

    D．The sum of all the individual amounts added together.


    正确答案：A
    解析：一个企业资产和负债的情况是用货币单位来计量。所以A选项符合题意。

  • 第11题：

    What is the short-coming of the concept?

    A．The accountant has to restate the assets and liabilities on the balance sheet.

    B．It is difficult to compare the balance sheets of different companies.

    C．The balance sheet can not reflect the precise worth of the assets and liabilities.

    D．Another company will not decide whether to buy the piece of land.


    正确答案：C
    解析：文章最后一段提到Suppose another company paid…a much higher amount for the land．如果是基于这样一个观点的话，这样一个资产负债表所反映的内容就要比实物要高出很多，由此可知这一观点的缺点在于，资产负债表不能精确的反映资产和负债的实际情况。

  • 第12题：

    单选题
    In context, which of the following is the best revision of sentence 17 (reproduced below)?And, it’s safer and more reasonably priced than Las Vegas or Nashville with some of the same assets.
    A

    (As it is now)

    B

    And, even though it is safer and more reasonably priced than Las Vegas or Nashville, it has some of the sang assets.

    C

    And, because it is safer and more reasonably priced than Las Vegas or Nashville, it has some of the same assets.

    D

    However, it is safer and more reasonably priced than Las Vegas or Nashville, and it also has some of the same assets.

    E

    Lastly, Branson is safer and more reasonably priced than either Las Vegas or Nashville, but has some of the same assets.


    正确答案： B
    解析：
    正确选项为E项。“but”将句中思想的对比关系连贯地表达出来。另外，这一点是一列的最后一项内容，所以“lastly”的使用十分恰当。

  • 第13题：

    Debts owed by a business are referred to as( )

    A. accounts receivables

    B. equities

    C. owner’s equity

    D. liabilities


    参考答案：D

  • 第14题：

    8 Which of the following statements about accounting concepts and conventions are correct?

    (1) The money measurement concept requires all assets and liabilities to be accounted for at historical cost.

    (2) The substance over form. convention means that the economic substance of a transaction should be reflected in

    the financial statements, not necessarily its legal form.

    (3) The realisation concept means that profits or gains cannot normally be recognised in the income statement until

    realised.

    (4) The application of the prudence concept means that assets must be understated and liabilities must be overstated

    in preparing financial statements.

    A 1 and 3

    B 2 and 3

    C 2 and 4

    D 1 and 4.


    正确答案：B

  • 第15题：

    The balance sheet is divided into ______ sections: ______.

    A．two.., assets and liabilities

    B．two.., incomes and expenditures

    C．three.., assets, liabilities and owner's equity

    D．three.., incomes, expenditures, and equity


    正确答案：C
    解析：the balance sheet资产负债表。expenditures支出，花费。

  • 第16题：

    The long－term assets are known as ______ assets.

    A fixed ;

    B current ;

    C net


    参考答案:A

  • 第17题：

    How can we know the management of financial assets?

    A．From the assets' area of special expertise.

    B．From the portfolio of the assets.

    C．From the scale of the assets.

    D．From the reserve banks.


    正确答案：B
    解析：文章第二段提到a different type of portfolio of assets…in managing financial assets。资产组合能反映一定地区的资产管理状况。

  • 第18题：

    Liabilities that will be due within a short time (usually one year or less) and that are to be paid out of current assets are called ______.

    A．long-term trust

    B．long-term liabilities

    C．current liabilities

    D．current investment


    正确答案：C
    解析：流动负债期限短，需要流动资产偿还。current assets流动资产。current liabilities流动负债。current investment短期投资。long-terrn trust长期信托。long-term liabilities长期负债。be due应付的，到期的。be paid out of用…支付。

  • 第19题：

    The accounting equation shows the relationship among ______.

    A．assets, liabilities and investor's yield

    B．assets, liabilities and owner's equity

    C．capital, liabilities and profits

    D．capital, costs and profits


    正确答案：B
    解析：会计等式(accounting equation)：资产=负债+所有者权益。investor's yield投资者的收益。assets, liabilities and owner's equity分别是指：资产、负债、所有者权益。

  • 第20题：

    听力原文：M: Can you tell me something about a balance sheet?

    W: Yes. It is divided into three sections: assets, liabilities, and owner's equity and it is used to summarize a company's financial position on a given date.

    Q: Which of the following is not a section of a balance sheet?

    (15)

    A．Profit and Joss

    B．Owner's equity.

    C．Liabilities

    D．Assets.


    正确答案：A
    解析：根据女士回答资产负债表分为三部分，即"assets", "liabilities" 和"owner's equity"，A项未提及。

  • 第21题：

    "Balance Sheet" means the statement on which a bank's assets and liabilities are listed.

    A．Right

    B．Wrong

    C．Doesn't say


    正确答案：A
    解析：从文中第二句后半部分other on-and-off balance sheet exposures such as guarantees, acceptances and securities investments. 可以倒推出来。资产负债表外业务没有涉及资产和负债，那么资产负债表就应该包含资产和负债。on-and-off balance sheet资产负债表内外，balance sheet。

  • 第22题：

    What does the accountant do in recording assets and liabilities according to the stable-monetary-unit concept?

    A．He simply adds all the amounts together.

    B．He puts the assets and liabilities on the balance sheet objectively.

    C．He makes restatement if the value of money depreciates.

    D．He records the assets and liabilities on the balance sheet ignoring the change in purchasing power value of the currency.


    正确答案：D
    解析：文章最后一段提到The stable-monetary-unit concept is the accountant's…the changing value of the dollar。统一货币计量单位使得会计在编制资产负债表的时候不用去考虑 通货膨胀和美元贬值的影响。所以D选项符合题意。

  • 第23题：

    单选题
    A maritime lien may be placed against（）.
    A

    any assets that a ship's owner may have

    B

    a vessel，cargo，or freight

    C

    objects that are fixed and immovable，such as wharves

    D

    the vessel only


    正确答案： C
    解析： 暂无解析

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