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Which of the following is the basis accounting equation?
Classroom
Accounts - Principles of Accounts Classroom
Waec
Waec 2008
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Which of the following is the basis accounting equation?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Assets = capital + liabilities
B
Capital = assets + liabilities
C
Liabilities = assets + capital
D
Assets = liabilities + equity
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Show Explanation
Correct Answer:
Option A
Explanation:
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