What is the basic accounting equation? Options: A . &nbspCapital + Liabilities = assets B . &nbspAssets + Liabilities = Capital C . &nbspCapital + Assets = Liabilities D . &nbspLiabilities - Capital = Assets

What is the basic accounting equation?

Question

What is the basic accounting equation?

Options:

A . Capital + Liabilities = assets

B . Assets + Liabilities = Capital

C . Capital + Assets = Liabilities

D . Liabilities - Capital = Assets

Answer: Option A

Submit Your Solution Below and Earn Points !

Next Question

Question 1. Which of the following is a liability?....

Question 2. What is equity?....

Question 3. Identify the asset from the following....

Question 4. ______ is the withdrawal of cash and goods by the owner of the business for his/her personal use....

Question 5. Net loss occurs when....

Question 6. Double entry implies that....

Question 7. Identify the nominal account....

Question 8. Which of the following accounts can be classified as a real account?....

Question 9. Capital of a business decreases if there is an increase in....

Question 10. Net income equal to Revenues minus....

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0