Assertion: balance sheet's asset | /r/CapableOf | equal total liabilities
Facets:
value: always
type: DEGREE
value: in order for the balance sheet
type: PURPOSE
value: in the accounting equation
type: OTHER
value: on the other side
type: OTHER
value: in either case
type: OTHER
Source sentences:
text: This means that the total assets must equal the total liabilities and owner’s equity.
text: In either case, total assets should equal the total liabilities plus stockholders' equity.
text: In order for the balance sheet to balance, total assets on one side have to equal total liabilities plus shareholders' equity on the other side.
text: One thing to note is that just like in the accounting equation, total assets equals total liabilities and equity.
text: Equity is calculated by subtracting the total liabilities from the total assets (thus, total assets always equal total liabilities + equity).
text: Total assets should always equal total liabilities plus owner’s (or stockholders’) equity.
text: Total assets always equals total liabilities plus shareholders' equity.