IIA

IIA-CIA-PART3 · Question #19

Which of the following best describes owner's equity?

The correct answer is A. Assets minus liabilities. You've hit your session limit · resets 10:20pm (America/New_York)

Question

Which of the following best describes owner's equity?

Options

AAssets minus liabilities.
BTotal assets.
CTotal liabilities.
DOwners contribution plus drawings.

How the community answered

(49 responses)

A
71% (35)
B
8% (4)
C
4% (2)
D
16% (8)

Explanation

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