Question on: SS1 Accounting - Accounting Equation

What is equity?

View related lesson
A

The company's expenses

B

The total value of the company's assets

C

The company's net income

D

The residual interest in the company after liabilities have been subtracted from assets

Ask EduPadi AI for a detailed answer
Correct Option: D

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses