The Accounting Equation May Be Expressed as

question 108

Multiple Choice

The accounting equation may be expressed as

• A) Assets = Equities - Liabilities
• B) Assets + Liabilities = Owner's Equity
• C) Assets = Revenues less Liabilities
• D) Assets - Liabilities = Owner's Equity

---

Definitions:

Natural Environment

Reflects all living and non-living things occurring naturally on Earth, which includes land, air, water, plants, and animals.

Right to Be Informed

A consumer right that entails being provided with all necessary information about a product or service to make an informed purchase decision.