The balancing equation is expressed as:
A)Assets + Liabilities = Stockholders' Equity.
B)Revenues - Expenses = Net Income.
C)Sales - Costs = Net Profit.
D)Assets = Liabilities + Stockholders' Equity.

Question

Quizplus · Accepted Answer

The balancing equation for accounting is expressed as Assets = Liabilities + Stockholders' Equity. This equation represents the fundamental accounting equation, which states that a company's assets must be equal to the sum of its liabilities and stockholders' equity at all times.

The Balancing Equation Is Expressed As