Accounting · Accounting Equation

Which of the following is the correct fundamental accounting equation?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Assets = Liabilities - Capital
2Liabilities = Capital + Assets
3Capital = Assets + Liabilities
4Capital = Assets - Liabilities✓

Correct answer

Capital = Assets - Liabilities

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Which of the following is the correct fundamental accounting equation?

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Which of the following is the correct fundamental accounting equation?

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