One Way of Stating the Accounting Equation Is: Assets -

question 62

True/False

One way of stating the accounting equation is: Assets - Liabilities = Owner's Equity.

---

Definitions:

Buffer

Substance or group of substances that tend to resist pH changes of a solution, thus stabilizing its relative acidity and basicity.

Inorganic

Refers to compounds that generally do not contain carbon-hydrogen bonds, often associated with minerals and non-living matter.

Molecule

The smallest particle in a chemical element or compound that has the chemical properties of that element or compound.

CH4

Methane, a colorless, odorless flammable gas that is the simplest alkane and a main component of natural gas.