Accouniting🧠

The Accounting equation is?

• Assets+ Owens equity=Liabilites

• Assets=Liabilities+ owners equity

• Liabilities=Assets- owners equity

• Owens equtiy- Assets+Liabilities

Assets Normal Balance are credit

• True

• false

Revenues is increase in debit?

• True

• false

Current Assets are?

• Cash

• Land

• Company name

Are you happy now?

• yes

• yyes

• yees

• yeess