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Which of the following equation is true for balance sheet

This question belongs to Computer Fundamentals Tally
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Which of the following equation is true for balance sheet

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Correct Answer: Option A
The balance sheet displays the company’s total assets, and how these assets are financed, through either debt or equity. It can also be referred to as a statement of net worth, or a statement of financial position. The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity(Capital).
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2 Comments
AJ Nath
AJ Nath 6 years ago
Assets=Capital+Liabilities
Capital=Assets-Liabilities
Liabilities=Assets-Capital
Neha Batra
Neha Batra 6 years ago
if assets=liabilities+capital
then, liabilities should be assests-capital
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