Free Printable Accounting Equation

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Accounting Equation

Total questions: 9

Worksheet time: 7mins

Name

Class

Date

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?