The accounting equation may be expressed as
A) Assets = Shareholders' Equity - Liabilities.
B) Assets = Liabilities + Shareholders' Equity.
C) Assets + Liabilities = Shareholders' Equity.
D) Assets + Shareholders' Equity = Liabilities.

Question

Quizplus · Accepted Answer

The accounting equation is a fundamental principle of accounting that states that a company's assets are equal to the sum of its liabilities and shareholders' equity.

The Accounting Equation May Be Expressed as