Accounting equation is given by ____________ - SchoolNGR

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Accounting equation is given by ____________

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Accounts - Principles of Accounts
Post Utme
Accounts - Principles of Accounts

Accounting equation is given by ____________

SchoolNGR Classroom

Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Assets - Liabilities + Owners' Equity
B Assets = Liabilities - Owners equity
C Assets + Owners equity = Liabilities
D Assets = Liabilities + Owners' equity

Correct Answer: Option D

Explanation:
Asset \(=\) Liabilities \(+\) owner's equity

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