The basic accounting equation is: Assets 5 Liabilities 1 Owners Equity. Replacing the words in that equation

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The basic accounting equation is: Assets 5 Liabilities 1 Owner’s Equity. Replacing the words in that equation with dollar amounts, what is Coca-Cola’s accounting equation at December 31, 2009? (Hint: Owner’s equity is equivalent to shareowners’ equity.)

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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