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Select the correct answer. Which equation is the correct fundamental accounting equation? OA owner's equity = liabilities -assets OB. assets liabilities - owner's equi…

Select the correct answer. Which equation is the correct fundamental accounting equation? OA owner's equity = liabilities -assets OB. assets liabilities - owner's equi…
asked 16.9k views
15 votes
Select the correct answer.

Which equation is the correct fundamental accounting equation?
OA owner's equity = liabilities -assets
OB.
assets liabilities - owner's equity
=
OC. assets = liabilities + owner's equity
O D.
assets + liabilities = owner's equity

asked
User Guy P
by
8.1k points

1 Answer

11 votes

Answer:

Assets=liabilities+owner's equity

answered
User Tlogbon
by
8.0k points
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