8/29 - Instagram Story Solutions

Instagram Story Solutions

1. Assets + Liabilities = Owners' Equity

True; False


2. Accounts Receivable is a(n)

Asset; Liability


3. An Accounts Receivable Allowance shows up where

Assets; Liabilities


4. An Accounts Receivable Allowance is a(n)

Asset; Contra Asset


5. What's the numerator also called?

Dividend; Divisor


6. What's the denominator also called?

Quotient; Divisor


7. Adding two numbers gives you a

Sum; Product


8. Subtracting two numbers gives you a 

 Difference; Remainder


If you want further explanation on any of the questions just shoot me an email!

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