The accounting equation can be expressed as?
Given:
Capital ………..N1000
Liabilities……..N500
Assets………….N1500
The accounting equation can be expressed as?
A N1000 + N500 + N1500 = N3000
B N1000 – N500 + N1500 = N2000
C N1000 + N500 = N1500
D N1500 + N500 = N2000
Answer is C
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