Accounting Multiple Choice Question – 3 September 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Which of the following accounting equations is the correct one?

Select ONE answer:

  1. Asset + Capital = Liabilities
  2. Liabilities – Capital = Assets
  3. Capital = Assets + Liabilities
  4. Capital = Assets – Liabilities

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This is multiple choice question is suitable for Accounting KS5 classes.

The answer is 1 – This is as per the accounting equation.

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