Which of the following equations is correct?
A)Assets plus Liabilities = Equity.
B)Assets = Liabilities minus Equity.
C)Liabilities = Assets plus Equity.
The Accounting Information System 3 - 9
D)Equity = Assets minus Liabilities.

Question

Quizplus · Accepted Answer

The Answer of Which of the following equations is correct?
A)Assets plus Liabilities = Equity.
B)Assets = Liabilities minus Equity.
C)Liabilities = Assets plus Equity.
The Accounting Information System 3 - 9
D)Equity = Assets minus Liabilities.

Which of the Following Equations Is Correct