Write the Place Value of the Underlined Numeral

question 140

Multiple Choice

Write the place value of the underlined numeral.
-

• A) Hundreds
• B) Thousands
• C) Units
• D) Tens

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Definitions:

Credit Side

Refers to the right side of a ledger account and is where increases in liabilities, equity, and revenue are recorded.

Total Liabilities

The total amount of obligations owed by a company to third parties, including loans, accounts payable, mortgages, and other debts.

Debt Ratio

A financial ratio that compares a company's total debt to its total assets, indicating the degree of leverage and financial risk.

Total Assets

The aggregate of all resources owned by a company, valued in monetary terms, including both current and non-current assets.