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Right side of balance sheet states the

A. appreciated earnings

B. liabilities

C. assets

D. stocks earnings

Answer: Option C

Solution(By Examveda Team)

Right side of balance sheet states the assets. An asset is a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide a future benefit.

This Question Belongs to Commerce >> Financial Management

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Comments ( 2 )

  1. MN 697
    MN 697 :
    2 years ago

    option B is correct. The right side of the balance sheet contains liabilities and equity, while the left side contains assets.

  2. Adnan Jadoon
    Adnan Jadoon :
    4 years ago

    Right side of balance sheet shows liabilities and equity.

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