The excess of current assets over current liabilities is known as:
A) Equity
B) Working capital
C) Intangible assets
D) Net assets
Correct Answer:
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Q23: Under the _ basis of accounting,income is
Q24: The c_ basis of accounting is not
Q25: Goodwill is classified in the balance sheet
Q26: Accumulated depreciation is referred to as a
Q27: The current liability is:
A)Accrued Delivery Expenses
B)Accounts Receivable
C)Electricity
Q29: If a company has earned income which
Q30: Which of these is not an advantage
Q31: Unearned income is classified as a l_
Q32: The o_ cycle is the average time
Q33: The publishers of 'Guide to the Stock
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