Capital is also known as equity , that's why the correct option is 'c' and capital+ liabilities =assets

Basic Accounting Equation

The basic accounting equation is a fundamental principle of accounting that represents the relationship between assets, liabilities, and owner's equity. It is also known as the balance sheet equation because it is used to prepare the balance sheet of a business.

The equation can be expressed as follows:

Assets = Liabilities + Owner's Equity

Explanation

Assets are the resources that a business owns, such as cash, inventory, property, and equipment. Liabilities are the obligations that a business owes to others, such as loans, accounts payable, and taxes. Owner's equity represents the residual interest in the assets of the business after deducting liabilities.

The equation must always balance, which means that the total value of assets must be equal to the total of liabilities and owner's equity. If the equation does not balance, it indicates an error in the accounting records.

In option 'C', the accounting equation is correctly expressed as Assets = Capital + Liabilities. This means that the assets of the business are equal to the sum of the owner's equity and the liabilities. This equation is used to prepare the balance sheet of a business, which provides a snapshot of the financial position of the business at a particular point in time.

Conclusion

In accounting, the basic accounting equation is a fundamental principle that represents the relationship between assets, liabilities, and owner's equity. It is used to prepare the balance sheet of a business and must always balance to ensure that the accounting records are accurate.