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What is the Accounting Equation?



A. Owner's Equity = Assets + Liabilities
B. Assets = Liabilities - Owner's Equity
C. Assets = Liabilities + Owner's Equity

This question is part of Chapter 1 Introduction to Accounting
Asked by Wyatt Williams, Last updated: Feb 19, 2020

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3 Answers

John Adney

John Adney

Answered Feb 07, 2017

Assets= liabilities + owners equity
 

Melreyes

Melreyes

Answered Feb 07, 2017

Assets= liabilities + owners equity
 

John Smith

John Smith

Answered Jan 01, 2017

Assets = Liabilities + Owner s Equity
 

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