GK
MARKETING MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is the basic accounting equation?
|
|
capital=assets+liability
|
|
|
assets=capital-liability
|
|
|
liabilities=assets+capital
|
|
|
assets=liabilities+capital
|
Explanation:
Detailed explanation-1: -That is, through investment from the owners (capital) or by amounts owed to creditors (liabilities).
There is 1 question to complete.