A

Admin • 833.24K Points
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Q. The accounting equation is:

  • (A) Assets = Liabilities + Capital
  • (B) Capital = Assets + Liabilities
  • (C) Liabilities = Assets + Capital
  • (D) Assets = Capital - Liabilities
  • Correct Answer - Option(A)
  • Views: 22
  • Filed under category Accounting
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Explanation by: Admin

The fundamental accounting equation is: Assets = Liabilities + Capital.

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