Which of the following equation is related with Dual Aspect Concept?
A. Total Assets = Total Liabilities
B. Total Assets = Capital + Outsider’s Liabilities
C. Capital = Total Assets – Outsider’s Liabilities
D. All of the above
Answer:A
Which of the following equation is related with Dual Aspect Concept?
A. Total Assets = Total Liabilities B. Total Assets = Capital + Outsider’s Liabilities C. Capital = Total Assets – Outsider’s Liabilities D. All of the above