Question

Which of the following is an equation?
(A) Assets = Capital
(B) Assets = Liabilities – Capital
(C) Assets = Liabilities + Capital
(D) None of the above

Answer 1

assets=liabilities+capital .. correct ans is c

Answer 2

The basic accounting equation, also called the balance sheet equation, represents the relationship between the assets, liabilities, and owner's equity of a business. It is the foundation for the double-entry bookkeeping system. For each transaction, the total debits equal the total credits.

Accounting equation

assets = capital + liabilities

Therefore answer for the above question is option (c)

Hope its useful..!!