The principle of double entry developed from the axioms of accounting equation is given as...
FINANCIAL
JAMB 2017
The principle of double entry developed from the axioms of accounting equation is given as
- A. Assets + Liability = Equity
- B. Assets + Equity = Liabilities
- C. Liabilities + Equity = Asset
- D. Liabilities + Equity = Net assets
Correct Answer: C. Liabilities + Equity = Asset
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