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In a Limited Liability Company, Shareholders Equity is equal to? (a). Assets + Liabilities, (b). Liabilities - Assets, (c). Assets - Liabilities

Accounting Auditing Financial Accounting Administration Management
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Question added by Saleem Khatri , Head of Finance , Berger Paints International
Date Posted: 2014/11/03
Upvote (1) Views (9) Followers (7) Answers (6) Report Question
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Muhammad Zubair
by Muhammad Zubair , CFO / Chief Accountant , RH Group

(c). Assets - Liabilities

Muhammad Sohail Anwar
by Muhammad Sohail Anwar , Finance Manager , The Food Concepts

C agreed with Mr. Muhammad Zubair

Waqas Raza Khan
by Waqas Raza Khan , Accountant , Cold Store Group of Saudi Arabia

Answer is Option C...............

Ezzidin Ibrahim
by Ezzidin Ibrahim , Financial Controller , Karim Food Industries

Assets - Liabilities = Equity

Haroon Shaukat
by Haroon Shaukat , Chief Accountant , Emeco Tourism LLC

Option C: Total Assets - Total Liabilities = Equity

Saifullah Shirazi
by Saifullah Shirazi , Senior Accountant , Suraj Cotton Mills Limited

Equity = Asset - Liabilities

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