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The accounting equation that reflects a relationship is often described as Assets equal Liabilities plus Net Worth. Is the equation ""Assets equal Liabilities plus Own…

The accounting equation that reflects a relationship is often described as Assets equal Liabilities plus Net Worth. Is the equation ""Assets equal Liabilities plus Own…
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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

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User Mnuages
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Answer: A

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

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User Morteza Jangjoo
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