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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

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

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AuroraExpert · Tutor for 3 years

Answer

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

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## Step 1: Identify the correct accounting equation<br />### 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."
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