Which of the following is incorrect?. The arrangement are done in terms of Assets Liabilities and Capital respectively? A. 8,200 2,800 5,400 B. 9,550 1,150 8,200 C. 7,850 1,250 6,600 D. 6,540 1,120 5,420
Question
Which of the following is incorrect?. The arrangement are done in terms of Assets Liabilities and Capital respectively? A. 8,200 2,800 5,400 B. 9,550 1,150 8,200 C. 7,850 1,250 6,600 D. 6,540 1,120 5,420
Solution
The question is asking which of the options does not correctly represent the accounting equation, which is Assets = Liabilities + Capital.
Let's check each option:
A. 8,200 = 2,800 + 5,400. This is correct because 8,200 = 8,200.
B. 9,550 = 1,150 + 8,200. This is incorrect because 9,550 ≠ 9,350.
C. 7,850 = 1,250 + 6,600. This is correct because 7,850 = 7,850.
D. 6,540 = 1,120 + 5,420. This is correct because 6,540 = 6,540.
So, the incorrect option is B. 9,550 1,150 8,200.
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