Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I have researched this questions and cannot seem to find the correct answer. The question is: Which of the following is not a correct form

I have researched this questions and cannot seem to find the correct answer. The question is:

Which of the following is not a correct form of accounting equation?

These are the ones that I think are the correct answers.

Assets-Liabilities=Stockholders equity

Assets=Liabiilites + Stockholders Equity

Assets+Stockholders Equity=Liabilities

and this is the one that i input as incorrect. Assets=Equities.

Thank you!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-12

Authors: Douglas McQuaig

10th Edition

1439038783, 978-1439038789

More Books

Students also viewed these Accounting questions

Question

How do we do subnetting in IPv6?Explain with a suitable example.

Answered: 1 week ago

Question

Explain the guideline for job description.

Answered: 1 week ago

Question

What is job description ? State the uses of job description.

Answered: 1 week ago

Question

What are the objectives of job evaluation ?

Answered: 1 week ago

Question

Write a note on job design.

Answered: 1 week ago

Question

Be straight in the back without blowing out the chest

Answered: 1 week ago

Question

Wear as little as possible

Answered: 1 week ago

Question

Be relaxed at the hips

Answered: 1 week ago