Which of the Following Equations Is the Fundamental Accounting Equation

question 12

Multiple Choice

Which of the following equations is the fundamental accounting equation?

• A) Assets − Liabilities = Owner's Equity
• B) Assets = Liabilities + Owner's Equity
• C) Assets + Liabilities = Owner's Equity
• D) Assets − Owner's Equity = Liabilities
• E) Assets + Owner's Equity = Liabilities

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