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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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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 Bas Van Dijk
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2 Answers

4 votes

Answer:

owner's equity=liabilities+assets(A)

User Katharyn
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7 votes

Answer:

Assets=Liabilities+Stockholders' or Owner's equity

Step-by-step explanation:

Just took the test

User CamiloEr
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