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• Assets + liabilities = owner's equity
• Assets = owner's equity
• Cash = assets
• Assets - liabilities = owner's equity
Assets- Liabilities= Owners Capital
(Assume that Assets are total assets (FA+CA) and total Liabilities (Long term+Short term+Current Liabilities)
The fundamental accounting equation is
Assets - liabilities = owner's equity
Assets - liabilities = owner's equity
the correct one is Asset - liabilities = Owner's equity which already given by all professionals.
assets-liabilities = owner's equity-------------------------
assets = liabilities + O.E
assets - liabilities =Owners equity
Assets less liabilities will equal owner's equity, A = E+L
The last option is the correct answer, A - L= OE.
Assets-Liabilities = shareholders or owners equity
Assets - Liabilities = Owner's Equity
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