Question

what accounting element is added to the basic accounting equation to come up with the expanded accounting equation?​

Answer 1

Answer:

The expanded accounting equation for a corporation is: Assets = Liabilities + Paid-in Capital + Revenues – Expenses – Dividends – Treasury Stock.

Answer 2

Answer:

The expanded accounting equation for a corporation is: Assets = Liabilities + Paid-in Capital + Revenues – Expenses – Dividends – Treasury Stock.