Which one of the following accounting equations is correct?

A Assets = Owner's equity
B Assets = Liabilities + Owner's equity
C Assets = Liabilities - Owner's equity
D Assets + Liabilities = Owner's equity

Correct Answer: Assets = Liabilities + Owner's equity

Assets = Liabilities + Owner's eq accounting equations is correct. It shows that a company's total amount of assets equals the total amount of liabilities plus owner's (or stockholders') equity.
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