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(A) I, II and III (B)I, II and IV (C) I, III and IV (D)II, III and IV
Option B is the right answer.
B) Correct Answer Assets=Liabilities + Shareholders Equity(Capital)
answer : B
I , II and IV : Assets = Capital + Liabilities
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Assets , Liabilities and Capital
Assets, Liabilities & Capital are the elements of accounting equations
(C) I, III and IV thus Asset = Capital + Liabilities ......................................
The Accounting Equation, Assets = Liabilities + Capital So that, Answer is B) I, II and IV.
the correct answer for accounting equation is (B)
Accounting Equation is : Assets - Liabilities = Capital. So the right answer would be 'B', Where Trial Balance is not an element of Accounting Equation.
Ans B. Assets = Capiltal + Liabilities
B IS THE ANSWER.IT MEANS ELEMENTS OF ACCOUNTING EQUATION ARE ASSETS,LIABILITIES AND CAPITAL.