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Marysya12 [62]
3 years ago
11

Liability = Asset _ Capital is this acceptable way of writing the basic accounting equation? Explain

Social Studies
1 answer:
labwork [276]3 years ago
4 0

Answer:

Assets = liabilities + Capital

or

Assets - capital = Liabilities

Liabilities = Assets - capital

We can write it. Technically it is correct but if we see it from the side of balance sheet, Liabilities and capitals are added and then it comes equals to the Assets. This is the rule. We cant change it.

Hope this helps you. Do mark me as brainlist.

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