The correct expression of accounting equation is
Question
The correct expression of accounting equation isOptions
A)
Assets = Liabilities + Equity

B)
Net assets = Liabilities + Equity
C)
Assets + Liabilities = Equity
D)
Assets = Equity - liabilities
The correct answer is A.
Explanation:
The fundamental accounting equation is Asset = Capital + Liabilities
Asset = Liabilities + Equity the total assets of the company is generated through liabilities to outsiders that the company is still enjoying in addition with the equity by the owners of the business
Asset = Liabilities + Equity the total assets of the company is generated through liabilities to outsiders that the company is still enjoying in addition with the equity by the owners of the business
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The fundamental accounting equation is Asset = Capital + Liabilities
Asset = Liabilities + Equity the total assets of the company is generated through liabilities to outsiders that the company is still enjoying in addition with the equity by the owners of the business