Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Which of the following accounting equation is correct?

/ Accounting MCQs / Q&A / By

Which of the following accounting equation is correct?

A. Cash+Other assets=Capital-Liabilities
B. Capital+ Liabilities=Assets+Income
C. Assets-Liabilities=Capital
D. Assets+Capital=Liabilities