The expanded accounting equation is: (a) Assets + Liabilities = Common Stock + Retained Earnings + Revenues
Question:
The expanded accounting equation is:
(a) Assets + Liabilities = Common Stock + Retained
Earnings + Revenues + Expenses + Dividends.
(b) Assets = Liabilities + Common Stock + Retained
Earnings + Revenues − Expenses + Dividends.
(c) Assets = Liabilities − Common Stock − Retained
Earnings − Revenues − Expenses − Dividends.
(d) Assets = Liabilities + Common Stock + Retained
Earnings + Revenues − Expenses − Dividends.
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Related Book For
Financial Accounting
ISBN: 9781119298229,9781119305842
10th Edition
Authors: Jerry J. Weygandt , Donald E. Kieso , Paul D. Kimmel
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