The expression of the accounting equation that is correct is:

Question

Quizplus · Accepted Answer

The accounting equation states that Assets = Liabilities + Equity. This means that the total value of a company's assets always equals the sum of its liabilities and equity. This equation is the foundation of double-entry bookkeeping and helps ensure that a company's financial records are accurate and balanced. Option A and B have reversed the positions of the two elements of the equation. Option D has subtracted liabilities from equity, which is not correct.

The Expression of the Accounting Equation That Is Correct Is