Multiple Choice
The basic accounting equation is
A) Assets = Liabilities + Owners' Equity
B) Assets + Owners' Equity = Liabilities
C) Assets + Liabilities = Owners' Equity
D) Liabilities - Owner's Equity = Assets
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: When Jim was preparing the trial balance,
Q58: During July 2013, Gutierrez Corporation sold $9,000
Q59: Which of the following would usually NOT
Q60: On June 30, the balances in the
Q61: Expense and revenue accounts can be considered
Q63: Which of the following is the
Q64: Miles Motor Supplies had the following transactions
Q65: Mila Company paid $900 for merchandise previously
Q66: On November 15, Roach Company issued
Q67: The basic accounting equation can be broken