Which One of the Following Represents the Expanded Basic Accounting

question 59

Multiple Choice

Which one of the following represents the expanded basic accounting equation?

• A) Assets = Liabilities + Share Capital-Ordinary account + Retained Earnings + Dividends - Revenue - Expenses.
• B) Assets + Dividends + Expenses = Liabilities + Share Capital-Ordinary + Retained Earnings + Revenues.
• C) Assets - Liabilities - Dividends = Share Capital-Ordinary + Retained Earnings + Revenues - Expenses.
• D) Assets = Revenues + Expenses - Liabilities.

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