Which of the following formulations of the accounting equation is ...

[mikaylakyoung]

Which of the following formulations of the accounting equation is incorrect?
 
  a. assets - liabilities = equity
  b. assets = liabilities + equity
  c. assets = liabilities + opening equity + (revenues - expenses) + (owner additions to  withdrawals from equity)
  d. assets = liabilities - equity

Question 2

A table is in ___________________ ___________ if it is in first normal form and no non-key attribute is dependent on only a portion of the primary key.
 Fill in the blank(s) with correct word

[jesse.fleming]

Answer to Question 1

d

Answer to Question 2

second normal form (2NF)
2NF
second normal form

[mikaylakyoung]

Thanks for the timely response, appreciate it

[upturnedfurball]

Great answer, keep it coming