Statement of Owner’s Equity – Test Your Knowledge
November 12, 2022 3:03 pm Published by Kole SwanserQuiz Summary
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Question 1 of 5
1. Question
TRUE or FALSE? Net worth is what is left over after all liabilities have been paid.
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Question 2 of 5
2. Question
The statement of owner’s equity examines:
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Question 3 of 5
3. Question
The statement of owner’s equity can change because of:
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Question 4 of 5
4. Question
If you are “eating” your net worth, you are:
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Question 5 of 5
5. Question
If the statement of owner’s equity does not balance, what could be wrong?
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This post was written by Kole Swanser