Part One-Iilentifying Accounting Terms

Part Four-Analyzing a Balance SheetDitfttions: The parts of the balance sheet below are identified with capitalletters. For each of the Iollowing items, decide which part is being described.Print the lette! identifying your choice in the Answers coluftn.Ac EF-r}{-GHAntwers1. The botal amormt oI equity in the business. (p. 14)2 The label Assets. (p. 14)3, The total amount owned by the business. (p. 14)4 The name of the businese. (p. 14)5. The Liabilities s€ction. (p. 14)5. The name and date of the report. (p, 14)7. The AsseE s€ction. (p. 14)8. The amount of owner's equity, (p. 14)9. The label Owner's Equity. (p. 14)10. The label Uabilities. (p. 14)1.4.6,7.8,9.10.4 . Srudy GuldeCENTURY 2l AccoumNc, ZTH EDmoN