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In Accounting & Finance, as per Double Entry Concept, which of the following one is true ?

(1) Capital – Liabilities = Assets

 

(2) Capital = Assets – Liabilities

 

(3) Capital + Assets = Liabilities

 

(4) Assets+Liabilities = Capital

 

 

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Question added by IMRAN ALI MOHAMMED , Accounts Officer , M/s. Euro Glazing Ltd
Date Posted: 2015/12/15
ADITYA SHARMA
by ADITYA SHARMA , Manager , DELOITTE AND TOUCHE

Option2 is correct option 

Option2 is right plz also reply your answer

Jishad Kk
by Jishad Kk , ACCOUNTANT , SPINNEYS

ASSET = LIABILITY +CAPITAL(OWNERS EQUITY) 

So Here the answer is CAPITAL = ASSETS - LIABILITIES.

 

BHAVIN PATEL
by BHAVIN PATEL , Senior Accountant , Sigma Projects

Secon Answer (2) Capital = Assets – Liabilities

Md Hussain
by Md Hussain , ACCOUNTING HEAD , Tax Consultant office

option2 is correct (2) Capital = Assets – Liabilities

MOHAMMAD SARFARAZUL HASSAN
by MOHAMMAD SARFARAZUL HASSAN , Financial Analyst , Spectra Support Services

CORRECT ANSWER    OPTION2  Capital = Assets – Liabilities

 

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option2 is the right answer.

muhammad Muhammad Younis
by muhammad Muhammad Younis , Interloop Ltd

Number two is right Ans for thisQ . ..

Qasim Ali
by Qasim Ali , Accountant , HABIB RAFIQ (PVT.) LTD LAHORE PAKISTAN

Option B is Correct Answer

CA Hussain Yusufali Bootwala
by CA Hussain Yusufali Bootwala , FINANCE MANAGER , JEEPERS AUTO MECHANICAL

Option -2, its a basic concept 

Mujibur Rahman ACCA
by Mujibur Rahman ACCA , Founder And CEO , MR-Accountants

option2 is correct. It is the basic of accounting.

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