The Report That Proves Assets = Liabilities + Equity Is

question 12

Multiple Choice

The report that proves Assets = Liabilities + Equity is the_______ .

• A)Trial Balance
• B)Income Statement
• C)Profit and Loss Statement
• D)Balance Sheet

---

Definitions:

Hunger

A physical sensation and physiological need prompting the desire to eat, driven by the body's energy requirements.

Esteem Needs

in Maslow's hierarchy of needs, the fourth level, including self-esteem, confidence, achievement, respect of others, and respect by others.

Safety Needs

According to Maslow's hierarchy, these are the second tier of human needs, including security and protection from physical and emotional harm.

Physiological Needs

Basic elements necessary for human survival and function, such as air, water, food, shelter, and sleep.