An Acceptable Variation of the Accounting Equation Is

question 145

Multiple Choice

An acceptable variation of the accounting equation is

• A) Assets - Liabilities = Owner's Equity.
• B) Assets + Owner's Equity = Liabilities.
• C) Assets = Liabilities - Owner's Equity.
• D) All of these answers are correct.

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Definitions:

Anteversion

A forward tilt of an organ, especially the uterus, from its normal position.

Uterus

A female reproductive organ where a fertilized egg can develop into a fetus; also known as the womb.

Premenstrual Syndrome

A group of symptoms, including mood swings and physical discomfort, that occur in some women a week or two before their menstrual period starts.

Abbreviation

A shortened form of a word or phrase, often used to save space or avoid repetition in writing and speech.