What is the basic accounting equation?? Accounting Mcqs July 20, 2019 BILAL KHATTAK0 A. Capital Liabilities=Assets B. Assets liabilities =Capital C. Capital assets=liabilities D. Liabilities Capital Related Mcqs: The Basic accounting equation is___________?? Which of the following accounting equation is correct?? Fresh capital introduction will increase____________?? Generally the term fund is used to mean the difference between?? Tax deducted at source appears in the Balance Sheet? Debit balance = Credit balance in a trial balance indicates that:? Balance Sheet is based upon which of the following formula?? Current assets – Current liabilities=?? Which of the following is the practical implementation of the accounting equation?? Which of the following equation is known as Cash Flow (CF) identity??