Assets and Liabilities Are Reported On

question 69

Multiple Choice

Assets and liabilities are reported on:

• A)both the balance sheet and the income statement.
• B)the statement of owner's equity.
• C)the income statement.
• D)the balance sheet.

---

Definitions:

Carpenter

A skilled tradesperson who works with wood to construct, install, and maintain buildings, furniture, and other objects.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with the sex they were assigned at birth.

Assigned Gender

The gender ascribed by others, usually at birth.

Gender Role

The attitudes, behaviors, rights, and responsibilities that society associates with each sex.