menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 1: Accounting Concepts and Procedures: an Introduction
  5. Question
    An Acceptable Variation of the Accounting Equation Is
Solved

An Acceptable Variation of the Accounting Equation Is

Question 145

Question 145

Multiple Choice

An acceptable variation of the accounting equation is


A) Assets - Liabilities = Owner's Equity.
B) Assets + Owner's Equity = Liabilities.
C) Assets = Liabilities - Owner's Equity.
D) All of these answers are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q140: Cash investments by the owner increases both

Q141: When services are rendered but payment is

Q142: Which of the following is correct when

Q143: The owner of a business paid personal

Q144: The heading of a balance sheet (in

Q146: Tori's Shop collects $250 of its accounts

Q147: Bookkeeping is primarily<br>A) preparing financial reports.<br>B) analyzing

Q148: To distinguish the total on a financial

Q149: The basic accounting equation is<br>A) Assets =

Q150: The parties that have claims against the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines