Which One of These Equations Is an Accurate Expression of the Balance

Multiple Choice

Which one of these equations is an accurate expression of the balance sheet?

A) Assets ≡ Liabilities − Stockholders' equity
B) Stockholders' equity ≡ Assets + Liabilities
C) Liabilities ≡ Stockholders' equity − Assets
D) Assets ≡ Stockholders' equity − Liabilities
E) Stockholders' equity ≡ Assets − Liabilities