Equity of an individual entity is often referred to as ...

• Gross profit

• Owner's equity

• Long-term liabilities

• Current assets

• Other income

The owner's residual claim on assets after deducting all liabilities is called ...

• Net profit

• Fixed assets

• Equity

• Liabilities

• Working capital

Initial capital is ...

• First net profit of the business

• Money borrowed from the bank

• Owner's first investment in the business

• All business income

• Withdrawal of assets for personal use

An example of additional capital contribution is ...

• Paying electricity bills

• Buying supplies on credit

• Owner adds cash capital of Rp 5,000,000

• Selling products to customers

• Paying employee salaries

Withdrawal of money or assets by the owner for personal use is called ...

• Net profit

• Prive

• Capital contribution

• Liabilities

• Income

The following are included in sole proprietorship businesses of trade ...

• Laundry services

• Beauty salon

• Grocery store

• Translation services

• Motorcycle workshop

A food stall falls into the category of business ...

• Service

• Trade

• Large industry

• Mining

• Export-import

A home workshop is classified as a type of business ...

• Trade

• Service

• Agriculture

• Banking

• Hospitality

A batik craftsman is categorized as a business ...

• Trade

• Small industry

• Agriculture

• Service

• Mining

Profit will cause equity to ...

• Remain

• Decrease

• Not change

• Increase

• Disappear