According to the fundamental equation of accounting,total assets should equal which of the following?

A) that it long-term debts and shareholders' equity
B) total liabilities and shareholders' equity
C) they ending cash and shareholders' equity..
D) cash flow investing and cash flow financing.

Total Assets

The sum of all assets owned by a company, including both current and non-current assets, indicating the total resources at its disposal.

Shareholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of the shareholders.

Fundamental Equation

The Fundamental Equation commonly refers to a foundational mathematical expression in a given field, such as finance's accounting equation: Assets = Liabilities + Equity.