What Must Balance on a Balance Sheet

question 121

Multiple Choice

What must balance on a balance sheet?

• A)Total assets must equal total liabilities plus equity.
• B)Revenues must equal costs.
• C)Retained earnings plus dividends paid must equal earnings per share.
• D)All of these must balance.

---

Definitions:

Pleural

Pertaining to the pleura, the membrane surrounding the lungs and lining the chest cavity.

Abdominal

Relating to the abdomen, the body region between the thorax (chest) and pelvis.

Ventral

Referring to the front or forward part of the body, in contrast to the back or dorsal side.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to conditions that are optimal for survival.