The below Financial statement of which represents the Accounting equation Assets = Liabilities + Equity
A. Cash flow statement
B. Profit and Loss account
C. Notes to accounts
D. Balance sheet
Answer:D
The below Financial statement of which represents the Accounting equation Assets = Liabilities + Equity
A. Cash flow statement B. Profit and Loss account C. Notes to accounts D. Balance sheet
Explanation: Balance sheet represents Assets = Liability + Equity