Which statement below best describes the accounting equation? - ProProfs Discuss
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Which statement below best describes the accounting equation?



A. The change in retained earnings equals net income less dividends
B. Equality of revenue and expense transactions over time
C. Resources of the company equal creditors and owners claims to those resources
D. Financing activities equal investing and operating activities

This question is part of Exam 1
Asked by Tayhampton, Last updated: Sep 16, 2020

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tayhampton93

tayhampton

tayhampton93
Tayhampton

Answered Mar 07, 2018

Resources of the company equal creditors and owners claims to those resources
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