| Which of the following is not a correct expression of the accounting equation? | ||
| A) | Assets – Liabilities = Owners’ Equity | |
| B) | Net Assets = Liabilities + Equities | |
| C) | Assets = Equities | |
| D) | Assets = Liabilities + Owners’ Equity | |
| E) |
Net Assets = Owners’ Equities |
Categories: