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Which of the following is not a correct expression of the accounting equation?

A) Assets - Liabilities = Owners' Equity B) Net Assets = Liabilities + Equities C) Assets = Equities D) Assets = Liabilities + Owners' Equity

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2014/10/26
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Amare Taye
by Amare Taye , Banker Mason , boa

Which of the following is not a correct expression of the accounting equation?

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Net Assets = Liabilities + Equities

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

B.

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