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Why is the answer #4? Q.5 Which one of the following represents the expanded basic accounting equation? D Assets Dividends Earnings Dividends + Revenue -Expenses
Why is the answer #4?
Q.5 Which one of the following represents the expanded basic accounting equation? D Assets Dividends Earnings Dividends + Revenue -Expenses 2 Assets Liabilities Share Capital-Ordinary + Revenues - Expenses LiabilitiesShare Capital-Ordinary account Retained - Share Capital-Ordinary Retained Earnings Assets - Liabilities - Dividends Revenues Expenses Assets Dividends + Expenses Earnings Revenues Liabilities Share Capital-Ordinary RetainedStep by Step Solution
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