3. The accounting equation can be expressed as: a. Assets = Liabilities Owners Equity b. Assets...

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3. The accounting equation can be expressed as:

a. Assets = Liabilities − Owners’ Equity

b. Assets + Liabilities = Owners’ Equity

c. Assets − Liabilities = Owners’ Equity

d. Owners’ Equity − Assets = Liabilities

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Financial Accounting International Financial Reporting Standards Global Edition

ISBN: 9781292211145

11th Edition

Authors: Charles T. Horngren, C. William Thomas, Wendy M. Tietz, Themin Suwardy, Walter T. Harrison

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