Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

When calculating the Owner's Equity, what math problem would be correct?

<p>   a.  Revenue - Expenses  </p> <p>   b.  Revenue - Liabilities</p> <p><strong><em>   </em></strong>c.  Assets - Liabilities</p> <p>   d.  Assets - Expenses</p> <p>   e.  None of the above</p>

Accounting Cost Accounting Financial Accounting
user-image
Question added by MUDDASSER ALI , Manager Accounts , M/s Ghulam Muhammad & Sons (GMS (Pvt) Ltd). (Autoparts Manufacturing Concern)
Date Posted: 2014/09/14
Upvote (5) Views (5) Followers (9) Answers (7) Report Question
Write an Answer
Register now or log in to answer.
Sara Khan
by Sara Khan , financial and admin assistant , Ministry Of Defence

option C) Assets and Liabilities

aziz urrehman
by aziz urrehman , key account executive , alkhair group of companies foam manufacturing

c Asset -liab

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer is c 

mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

very good answers from all

 

Ajith Mathew
by Ajith Mathew , Logistics coordinator , writer corporations

c. Assets- Liabilities

Joseph Ambooken
by Joseph Ambooken , Chief Accountant , Abdulaziz M Al Omran Corp.

c.  Assets - Liabilities

Princes Carandang
by Princes Carandang , Accounting Assistant , IPC Group LLC/New Finishing Way TRading Contracting and Services

When calculating the Owner's Equity it is letter C. Asset - Liabilities

Write Your Answer
More Questions Like This