Please Help: Accounts
Posted Date : 16-Jan-2012 , 10:18:27 am | Posted By shyam kumar.s
What are the different forms of accounting equations?
Category : Accounts | Answers : 2 | Comments : 2 | Hits : 294
Answers
Answer By: PRIYANKA
As answered by lavina...accounting equation in its simplest form is Assets-Liabilities= shareholders/owner's fund/capital. which if analysed and observed and expanded can be rewritten as:
Assets = Liabilities + Stockholders' Equity Assets = Liabilities + Common Stock + Retained Earnings Assets = Liabilities + Common Stock + Net Income - Dividends Assets = Liabilities + Common Stock + Income - Expenses - Dividends
Assets = Liabilities + Stockholders' Equity Assets = Liabilities + Common Stock + Retained Earnings Assets = Liabilities + Common Stock + Net Income - Dividends Assets = Liabilities + Common Stock + Income - Expenses - Dividends
Answer By: Rambabu Senkarasetti
Capital= Assets-liabilities
Comments
PANKAJ BANSAL
16-Jan-2012 , 06:17:30 pmWhat??????
lavina bajaj
17-Jan-2012 , 12:34:30 pmaccounting equation basically is liabilities + capital=asset. now it can be rewritten as capital= assets-liabilities.