Question: . Which businesses use an accounting equation? a . large corporations b . mom and pop businesses c . businesses that have less than 2

. Which businesses use an accounting equation?
a. large corporations
b. mom and pop businesses
c. businesses that have less than 200 employees
d. all businesses, from the largest to the smallest
abcd
2. Which is the accounting equation?
a. liabilities plus assets equal stockholders' equity
b. assets equal liabilities plus stockholders' equity
c. assets minus liabilities equal stockholders' equity
d. stockholders' equity minus assets equal liability
abcd
3. Which of the following best defines stockholders' equity?
a. resources owned by a business
b. rights of the creditors
c. rights of the stockholders
d. claims on a company's assets
abcd

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