Which of the following is not a correct expression of the accounting equation? a. Assets Liabilities

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Which of the following is not a correct expression of the accounting equation?

a. Assets — Liabilities = Owners’ equity

b. Net assets = Liabilities + Owners’ equity

c. Assets = Liabilities + Owners’ equity

d. Net assets = Owners’ equity

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Accounting What The Numbers Mean

ISBN: 9780073379418

8th Edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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Question Posted: Jun 28, 2024 01:10 AM

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Which of the following is not a correct expression of the accounting equation? a. Assets Liabilities

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Accounting What The Numbers Mean

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