单项选择题

The accounting equation may be expressed as( )

A. Assets = Equities - Liabilities
B. Assets + Liabilities = Owner's Equity
C. Assets = Revenues less Liabilities
D. Assets - Liabilities = Owner's Equity

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单项选择题

Which of the following financial statements reports information as of a specific date? ()

A. income statement
B. statement of owner's equity
C. statement of cash flows
D. balance sheet

单项选择题

Accumulated Depreciation ( )

A. is used to show the amount of cost expiration of intangibles
B. is the same as Depreciation Expense
C. is a contra asset account
D. is used to show the amount of cost expiration of nat