Which equation below is the accounting equation? Select an answer from the options below. A Assets=Liabilities - Owners' Equity B Equity=Assets + Liabilities C Assets=Owners' Equity/Liabilities D Assets=Liabilities + Owners'Equity

Question

Which equation below is the accounting equation? Select an answer from the options below. A Assets=Liabilities - Owners' Equity B Equity=Assets + Liabilities C Assets=Owners' Equity/Liabilities D Assets=Liabilities + Owners'Equity

Answer 1

### D. Assets = Liabilities + Owners' Equity

Answer 2

## Step 1: Identify the correct accounting equation### The accounting equation is a fundamental principle in accounting that states that a company's assets are financed by liabilities and owners' equity. The correct form of the accounting equation is "Assets = Liabilities + Owners' Equity."

Question

Which equation below is the accounting equation? Select an answer from the options below. A Assets=Liabilities - Owners' Equity B Equity=Assets + Liabilities C Assets=Owners' Equity/Liabilities D Assets=Liabilities + Owners'Equity

Answer

Answer

Explanation