Which is correct? Assets = liabilities + (shareholders or owners equity) assets = current liabilities + (shareholders or owners equity)?

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If a company pays one of its liabilities twice during the year, in error. What a...
Posted by:
ali hassan
27-August-2016

Financial Accounting

Question added by Deleted user
Date Posted: 2013/09/07

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3 Answers

by Gulfaz Sabir , Accounts Executive , Artistic Milliners

1st one is correct

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by Prince Ninan , Audit Executive , Lewis & Pecker

Assets = Current Liabilities + (Shareholders or Owners equity)

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by reem bibars , حوالات , suez canal bank

assets = liab + o.E

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