The double-entry equation can be written as: (a) Assets - Expenses = Liabilities + Equity + Income
Question:
The double-entry equation can be written as:
(a) Assets - Expenses = Liabilities + Equity + Income
(b) Assets + Expenses = Liabilities - Equity + Income
(c) Assets + Expenses = Liabilities + Equity - Income
(d) Assets + Expenses = Liabilities + Equity + Income
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Related Book For
Accounting And Finance For Business
ISBN: 9780273773948
1st Edition
Authors: Geoff Black, Mahmoud Al-Kilani
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