Given:Capital ...........₦1000Liabilities........₦500Assets.............₦1...
Question
Given:Capital ...........₦1000
Liabilities........₦500
Assets.............₦1500
The accounting equation can be expressed as?
Options
A)
₦1000 + ₦500 + ₦1500 = ₦3000
B)
₦1000 - ₦500 + ₦1500 = ₦2000
C)
₦1000 + ₦500 = ₦1500
D)
₦1500 + ₦500 = ₦2000
The correct answer is C.
More Past Questions:
Discussion
Other Subjects
- English Language
- Biology
- Mathematics
- Government
- Physics
- Economics
- Chemistry
- Christian Religious Knowledge
- Commerce
- Geography
- Literature In English
- Agricultural Science
- General Paper
- Islamic Religious Knowledge
- History
- Further Mathematics
- Current Affairs
- Civic Education
- Math
- Reading
- Writing and Language
- Computer Studies
- French
- Home Economics
- Hausa
- Yoruba
- Igbo
- Fine Arts