Accounting Equation is represented as :

CS Executive · Corporate and Management Accounting · PYQS · December 2024
Accounting Equation is represented as :
(A) Assets = Liabilities + Owners' Equity
(B) Assets = Liabilities – Owners' Equity
(C) Owners' Equity = Assets + Liabilities
(D) Liabilities = Assets + Owners' Equity

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Accounting Equation

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