Balance Sheet Equation
$\begin{array}{ccc}
\text { Cash }+\text { Non-Cash }=\text { Liabilities } & +\text { Contributed } & +\text { Accumulated Other }+&\text { Retained } \
\text { Assets } & \text { Capital } & \text { Comprehensive }&\text { Earnings } \
& & \text { Income }
\end{array}$

-Refer to the Balance Sheet Equation.To recognize the cost of goods sold ORP Corporation will reduce retained earnings and reduce ______________________________.

Question

Balance Sheet Equation
 $\begin{array}{ccc}
\text { Cash }+\text { Non-Cash }=\text { Liabilities } & +\text { Contributed } & +\text { Accumulated Other }+&\text { Retained } \
\text { Assets } & \text { Capital } & \text { Comprehensive }&\text { Earnings }  \
& & \text { Income }
\end{array}$

-Refer to the Balance Sheet Equation.To recognize the cost of goods sold ORP Corporation will reduce retained earnings and reduce ______________________________.

Quizplus · Accepted Answer

The Answer of Balance Sheet Equation
 $\begin{array}{ccc}
\text { Cash }+\text { Non-Cash }=\text { Liabilities } & +\text { Contributed } & +\text { Accumulated Other }+&\text { Retained } \
\text { Assets } & \text { Capital } & \text { Comprehensive }&\text { Earnings }  \
& & \text { Income }
\end{array}$

-Refer to the Balance Sheet Equation.To recognize the cost of goods sold ORP Corporation will reduce retained earnings and reduce ______________________________.

Balance Sheet Equation -Refer to the Balance Sheet Equation