The principle of double entry developed from th... - JAMB Accounting 2017 Question
The principle of double entry developed from the axioms of accounting equation is given as
A
Assets + Liability = Equity
B
Assets + Equity = Liabilities
C
Liabilities + Equity = Asset
D
Liabilities + Equity = Net assets
correct option: c
Liabilities + Equity = Asset is given as the fundamental equation
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