Question on: JAMB Accounting - 2003

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
Ask EduPadi AI for a detailed answer
Correct Option: C

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