1. creditors’ claims on the assets of a company are called:
1. Creditors’ claims on the assets of a company are called: Net losses Expenses Revenues Equity Liabilities 2. Which of the following elements are found on the Balance Sheet? Service Revenue Net Income Operating Activities Utilities Expense Retained Earnings 3. Assets created by selling goods and services on credit are: Accounts payable Accounts receivable Liabilities Expenses 4. The description of the relation […]