among the following alternatives which one is unacceptable equality of the accounting Equation ?
To determine which alternative is unacceptable for the equality of the accounting equation, you need to understand the components of the equation. The accounting equation is represented as Assets = Liabilities + Owner's Equity.
Here's how you can check the equality of the equation for each alternative:
1. Alternative 1: Assets = Liabilities + Owner's Equity
- Verify if the alternative adheres to the basic accounting principle that assets should be equal to the sum of liabilities and owner's equity. If it does, it is acceptable.
2. Alternative 2: Assets = Liabilities + Owner's Capital
- Similarly, check if this alternative maintains the equality of the accounting equation. If the owner's equity is represented as owner's capital, it is still acceptable.
3. Alternative 3: Assets - Liabilities = Owner's Equity
- In this alternative, the equation is rearranged, subtracting liabilities from assets. While this representation is different, it still maintains the equality of the equation, making it acceptable.
4. Alternative 4: Assets - Owner's Equity = Liabilities
- This alternative rearranges the equation, subtracting owner's equity from assets. Like Alternative 3, although the order is different, the equality is still upheld, so it is acceptable.
Based on the explanations provided, all the given alternatives maintain the equality of the accounting equation, making them all acceptable.