Multiple Choice
The accounting equation may be expressed as
A) Assets = Equities - Liabilities
B) Assets + Liabilities = Owner's Equity
C) Assets = Revenues less Liabilities
D) Assets - Liabilities = Owner's Equity
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q74: Which of the following is not a
Q103: Which of the following best describes accounting?<br>A)
Q103: On March 1, 2014, the amount of
Q105: Which of the following is a manufacturing
Q106: Identify which of the following accounts appear
Q107: Shiny Kar Company had the following transactions.
Q109: Countries outside the U.S. use financial accounting
Q110: Financial reports are used by<br>A) management<br>B) creditors<br>C)
Q111: Using the following accounts and their amounts,
Q180: Discuss internal and external users of accounting