Answer:
d. Assets - Liabilities = Stockholders' Equity.
Explanation:
The principle of double entry booking rests upon the accounting equation. the accounting equation states that (where correct and accurate accounting books are kept), the total asset of a corporation must equal the addition of the corporation's total liabilities and Stockholders' equity.
The following is the basic formula for accounting equation
Assets = Liabilities + Stockholders' equity
Rearranging the above basic equation, we have the alternative form of the accounting equation.
Assets = Liabilities + Stockholders' equity
Subtract Stockholders' equity from both sides of the equation
Assets - Stockholders' equity = Liabilities + Stockholders' equity -
Stockholders' equity
Assets - Liabilities = Stockholders' equity
All of the above are correct
I think the best balance to be used would be a top-loading balance. Although, a platform triple beam balance and a single pan triple beam balance are accurate balances however they could not read up to the third decimal place which can be done in some of the top-loading balances.
