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Elements of financial statements
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卡片总数: 5 张•内容版本: v3•公开卡包•更新时间: 8/1/2026
卡片预览 (5 张)
#1
正面 (问题)
Define assets
背面 (解答)
Resources a business owns or controls that are expected to provide future benefits
#2
正面 (问题)
Define liabilities
背面 (解答)
Obligations owed by a business to others that are expected to be settled in the future
#3
正面 (问题)
Define equity
背面 (解答)
claim by the owners on the net assets of a business
#4
正面 (问题)
Define income
背面 (解答)
Amounts earned from the activities of a business
#5
正面 (问题)
Define expenses
背面 (解答)
Costs incurred to earn income in the same accounting period