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Assets – liabilities equal to______?

October 4, 2021AccountingAccounting

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yousaf raees Posted

Assets – liabilities equal to______?

11 Answers

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yousaf raees Posted

When we subtract the assets from liabilities then it always equal to Owne’s equity. In mathematical form.

Asset’s-liabilities = Owner’s equity .

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Andre Perez Posted

A variation of the basic accounting equation; Assets = Liabilities + Owners Equity. In this case the variables are rearranged. With that said, Assets – Liabilities = Owners Equity

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Nilima Majji Posted

Assets- liabilities =Capital

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Shilpa Ramrichia Posted

Capital

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Tammy Collins Posted

In this case, Assets – Liabilities = Owner’s Equity.

The reason the formula is usually written as Assets = Liabilities + Owner’s Equity is to understand how to properly increase or decrease by debits or credits. For the left side of the equation, Assets are increased by debits, and decreased by credits. For the right side of the equation, Liabilities and Owner’s Equity are increased by credits, and decreased by debits.