Accounting Equation

Which of the following is NOT the correct accounting equation?

• Assets - Capital = Liabilities

• Liabilities + Capital = Assets

• Assets = Liabilities - Capital

• Assets - Liabilities = Capital

Assets = P410,000 ; Capital = P139,232. How much is the Liability?

• P 549, 232

• P 277, 068

• P 270, 768

• P 594, 232

Capital = P192,345 ; Liabilities = P88,765. How much is the Total Assets?

• P 103, 580

• P 281, 101

• P 130, 580

• P 281, 110

Assets = P1,567,769 ; Liabilities = 26% of Assets. How much is the Capital?

• P 1,160,149.60

• P 1,160,149.06

• P 1,610,149.60

• P 1,161,149.60

Assets = P1,567,769 ; Liabilities = 26% of Assets. How much is the Liability?

• P 407,619.94

• P 470,691.94

• P 1,610,149.60

• P 1,161,149.60

Capital = P678,987 ; Liabilities = 36% of Assets. How much is the Liability?

• P 1,060,917.19

• P 1,060,971.19

• P 381,903.19

• P 381,930.19

Capital = P678,987 ; Liabilities = 36% of Assets. How much is the Assets?

• P 1,060,917.19

• P 1,060,971.19

• P 381,903.19

• P 381,930.19

Liabilities = P67,843 ; Capital = 72% of Assets. How much is the Assets?

• P 174,435.43

• P 174,453.43

• P 242,296.34

• P 242,296.43

Liabilities = P67,843 ; Capital = 72% of Assets. How much is the Capital?

• P 174,435.43

• P 174,453.43

• P 242,296.34

• P 242,296.43