Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

6 Questions

1 Views

Mastering Accounting Equations

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

If a company's assets are $100,000 and its liabilities are $50,000, what is its owner's equity?

$150,000

$200,000

$100,000

$50,000 (correct)

Which of the following equations represents the relationship between assets, liabilities, and owner's equity?

Assets = Liabilities + Owner's Equity (correct)

Assets = Liabilities * Owner's Equity

Assets = Liabilities / Owner's Equity

Assets = Liabilities - Owner's Equity

What does SWOT stand for in SWOT analysis?

Strategies, Weaknesses, Opportunities, Trends

Strategies, Weaknesses, Objectives, Threats

Strengths, Weaknesses, Objectives, Targets

Strengths, Weaknesses, Opportunities, Threats (correct)

What is the result of subtracting liabilities from assets?

Assets Signup and view all the answers

Which of the following best describes the purpose of SWOT analysis?

To identify internal and external factors that may impact the business Signup and view all the answers

Which part of SWOT analysis focuses on factors that are favorable to achieving business objectives?

Strengths Signup and view all the answers

Mastering Accounting Equations

Choose a study mode

Podcast

Questions and Answers

If a company's assets are $100,000 and its liabilities are $50,000, what is its owner's equity?

Which of the following equations represents the relationship between assets, liabilities, and owner's equity?

What does SWOT stand for in SWOT analysis?

What is the result of subtracting liabilities from assets?

Which of the following best describes the purpose of SWOT analysis?

Which part of SWOT analysis focuses on factors that are favorable to achieving business objectives?

More Like This

Accounting Basics Quiz

Accounting Principles and Decision Making

Accounting Chapter 2 Flashcards

SWOT-Analyse und KLR Grundlagen

Upgrade to continue