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Which of the following is the basic accounting equation? A. Stockholders' or Owner's Equity = Liabilities + Assets B. Assets = Liabilities + Income C. Liabilities = Assets + Stockholders' or Owner's Equity
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1 vote
1 vote
Which of the following is the basic accounting equation?

A. Stockholders' or Owner's Equity = Liabilities + Assets
B. Assets = Liabilities + Income
C. Liabilities = Assets + Stockholders' or Owner's Equity
D. Assets = Liabilities + Stockholders' or Owner's Equity

User Spnkr
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2 Answers

19 votes
19 votes

Answer:

owner's equity=liabilities+assets(A)

User Ivan Durst
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12 votes
12 votes

Answer:

Assets=Liabilities+Stockholders' or Owner's equity

Step-by-step explanation:

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User Gedas Kutka
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