Test your understanding of Assets, Liabilities and Equity with 20 beginner-friendly multiple-choice questions, complete with clear answers and explanations.

What’s Included

• 20 multiple-choice questions

• Answers with written explanations

• PDF files for on-screen viewing or printing

• Instant access via email after purchase

Topics Covered

• Identifying Assets, Liabilities and Equity

• Current and Non-Current classifications

• The Accounting Equation

• Calculating Assets, Liabilities and Equity

• Prepaid Expenses, Unearned Revenue and Contingent Liabilities

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