Register
The accounting equation that reflects a relationship is often described as Assets equal Liabilities plus Net Worth. Is the equation ""Assets equal Liabilities plus Owners’ Equity"" also appropriate and
209k views
1 vote
The accounting equation that reflects a relationship is often described as Assets equal Liabilities plus Net Worth. Is the equation ""Assets equal Liabilities plus Owners’ Equity"" also appropriate and correct?A. YesB. NoC. Don’t know

User Mnuages
by
6.5k points

1 Answer

0 votes

Answer: A

Explanation: owners equity is what the business is worth when the liabilities have been deducted from what the company owns.

User Morteza Jangjoo
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.4m questions

11.0m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!