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This topic is not avialable

praveen karumanchi

· started a discussion

· 1 Months ago

ans (Question: 347616.0 )

the carelessness of the option setting can be seen clearly with this question

if its practical there can be a chance to feel there may be confusion.

when it is a damn fundamental and direct question how do you people

set a wrong option as correct

this is not fair enough.

Question:

Which one of the following accounting equations is correct ?

Options:
A)

Assets = Owner’s Equity

B)

Assets = Liabilities + Owner’s Equity

C)

Assets = Liabilities – Owner’s Equity

D)

Assets + Liabilities = Owner’s Equity

Solution:

Ans: (a)

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