Question

9. Which accounting equation is
incorrect out of the following? *
O Liabilities = assets- capital
O Assets=liabilities-capital
O Capital=Assets-Liabilities
O Assets=Liabilities+capital​

Answer 1

Answer:

Assets equal to Liabilities +capital

Answer 2

Answer:

Asset = liabilities - capital. is incorrect.

Explanation:

see how.

the original equation is Asset = liabilities + capital. so how can it be liabilities - capital.