Given the options below, identify the correct accounting equation formula.
A. Liabilities = Assets + Owner's Equity.
B. Assets + Liabilities = Owner's Equity.
C. Assets + Owner's Equity = Liabilities.
D. Assets = Liabilities + Owner's Equity.
Answer: D
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If the supply of dollars in exchange for euro increases, ?
A. ?the dollar depreciates against the euro. B. ?the dollar appreciates against the euro. C. the exports of U.S. to Europe becomes costlier. D. ?the demand for European goods increase in the U.S.
The choice of accounting methods does not affect cash flows except for possible differences in income taxes
Indicate whether the statement is true or false
A contract involving the sale of goods from a Texas seller to a French wholesaler must always use the United Nations Convention on Contracts for the International Sale of Goods (CISG)
a. True b. False Indicate whether the statement is true or false
In the basic EOQ model, as the size of the order increases, the annual ________ cost increases
Fill in the blank with correct word.