The expanded accounting equation is: a. Assets + Liabilities = Share Capital + Retained Earnings + Dividends
Question:
The expanded accounting equation is:
a. Assets + Liabilities = Share Capital + Retained Earnings + Dividends + Revenues + Expenses.
b. Assets = Liabilities + Share Capital + Retained Earnings + Dividends + Revenues – Expenses.
c. Assets = Liabilities – Share Capital – Retained Earnings – Dividends – Revenues – Expenses.
d. Assets = Liabilities + Share Capital + Retained Earnings + Revenues – Expenses – Dividends.
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Related Book For
Financial Accounting With International Financial Reporting Standards
ISBN: 9781119787051
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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