Accounting Equation: Why not Assets = Equity - Liabilities?

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Accounting Equation: Why not
Assets = Equity - Liabilities?

by Anonymous

Q: Why don't they say assets = equity - liabilities instead of + liabilities?

A: Your answer lies in the definitions of each of the three elements (parts) of this equation. See the respective lessons on the accounting equation and on each of these elements of accounting in the section Basic Accounting Concepts.

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Accounting Equation: Why not
Assets = Equity - Liabilities?

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Assets = Equity plus Liability
by: Anonymous

Because Assets is made by Equity plus Liability

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