The accounting equation may be expressed as

A) Assets = Equities − Liabilities
B) Assets + Liabilities = Owner's Equity
C) Assets = Revenues − Liabilities
D) Assets − Liabilities = Owner's Equity

Accounting Equation

The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owner's Equity, representing a company's financial position.

Assets

Resources owned by a business or individual that are expected to provide future economic benefits.

Liabilities

Liabilities are financial obligations or debts that an entity owes to external parties, expected to be settled over time through the transfer of economic benefits.