What is the accounting equation?
Select one:

a.
Liability - Equity

b.
Liability + Equity + Income - Expense

c.
Equities (Liability - Equity)

d.
Asset

e.
Asset

f.
Asset

g.
None of the choices

Respuesta :

The accounting equation : Assets = Liabilities + Equity.

So , your answer is (g) None of these .

From the given choices, none of the choice provides a correct accounting equation.

What is an accounting equation?

An accounting equation refers to a formula that shows the sum of a company's liabilities and shareholder's equity are equal to its total assets.

It shows a relationship between companies assets, liabilities and equity.

[tex]Assets=Liabilities + Equity[/tex]

Therefore, None of the given choices is correct.

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