GB 518 Course Great Wisdom / tutorialrank.com GB 518 Course Great Wisdom / tutorialrank.com | Page 34

The time period principle

Accrual basis accounting

Revenue basis accounting

Question 24. Question :
A balance sheet that places the assets
above the liabilities and equity is called a(n):

Report form balance sheet

Account form balance sheet

Classified balance sheet

Unadjusted balance sheet