The accounting equation may be expressed as

A) Assets = Expenses − Liabilities
B) Assets + Liabilities = Stockholders' Equity
C) Assets = Revenues − Liabilities
D) Assets − Liabilities = Stockholders' Equity

Stockholders' Equity

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

Assets

Assets are possessions or property that a company owns or controls with the anticipation of receiving future economic gains.

Expenses

Costs incurred in the process of earning revenue; may include costs like rent, salaries, and utilities.