A

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Q. Which is the correct accounting equation?

  • (A) Assets + Liabilities = Capital
  • (B) Assets = Liabilities - Capital
  • (C) Assets = Liabilities + Capital
  • (D) Assets - Capital = Liabilities
  • Correct Answer - Option(C)
  • Views: 3
  • Filed under category Accounting
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Explanation by: Admin
The basic accounting equation is: Assets = Liabilities + Capital.

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