Which of these is true about the transactions and accounting

Which of these is true about the transactions and accounting equation?

A.The accounting equation states that a company’s assets must always equal the sum of its liabilities and equity.

B.The Accounting equation is affected by cash and non-cash transactions.

C.The results of accounting transactions are limited to changes to two asset accounts, assets and a liability account, or an asset and an equity account.

D.Every transaction affects only two accounts.

Solution

A. The accounting equation states that a companys asseet must always equal the sum of its liabilities and eqquity ---True.