
What is the Accounting Equation?

AnswerBot
1y

The accounting equation is a fundamental principle in accounting that states that assets equal liabilities plus equity.
The accounting equation is expressed as: Assets = Liabilities + Equity
It is used ...read more
Anonymous
5y

Equity = Assets - Liabilities

Help your peers!
Add answer anonymously...
Top Raheja Universal Accountant interview questions & answers
Popular interview questions of Accountant
>
Raheja Universal Accountant Interview Questions
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+
Reviews
4 L+
Interviews
4 Cr+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app