Oliviapuente4171 Oliviapuente4171
  • 24-01-2022
  • Mathematics
contestada

True or false? the basic accounting equation is: assets = liabilities equity.

Respuesta :

shivapriyasaji408
shivapriyasaji408 shivapriyasaji408
  • 24-01-2022

Answer:

it should be Assets = liabilities + equity

Step-by-step explanation:

The three elements of the accounting equation are assets, liabilities, and shareholders' equity. The formula is straightforward: A company's total assets are equal to its liabilities plus its shareholders' equity.

Answer Link

Otras preguntas

Why do all the other elements (atomic numbers 84-89 and 93-118) have an average atomic masses that are whole numbers
Match the function with the graph. y = -cos x a. b. y = sinx C. y = cos x d. y=-sinx
Vwxyz is a rectangular pyramid where WX is longer than XY. Is the slant height VA longer or shorter than the slant height VB? Explain your answer
The activation energy for the reaction between zinc and sulfuric acid is lowered if a solution containing metal ions is added. What is the most likely formula o
find the values of x and y
Why the density of water rises as it approaches 4° C?
how were greek and roman civilization alike?
Show that the reaction below obeys the law of conservation of mass2HNO3(aq) + Ca(OH)2(aq) >Ca(NO3)2(aq) + 2H20(l)​
Which factor helped shift American opinion away from neutrality during World War I?
rearrange x=3g+2 make g the subject