Asked by a

In the accounting equation, assets are equal to which two things?
A.
Debits + equity
B.
Debits + accounts
C.
Liabilities + equity
D.
Liabilities + accounts


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
C

Assets = Liabilities + Equity (the basic accounting equation).