GB 518 RANK Keep Learning /gb518rank.com GB 518 RANK Keep Learning /gb518rank.com | Page 18

Objectivity principle
Business entity principle
Question 11. Question :
of a company are called:
Creditors' claims on the assets
Net losses
Expenses
Revenues
Equity
Liabilities
Question 12. Question :
activity is:
An example of a financing
Buying office supplies
Obtaining a long-term loan
Buying office equipment
Selling inventory
Buying land