The expanded accounting equation is: (a) Assets + Liabilities = Common Stock + Retained Earnings + Dividends
Question:
The expanded accounting equation is:
(a) Assets + Liabilities = Common Stock + Retained Earnings + Dividends + Revenues + Expenses
(b) Assets = Liabilities + Common Stock + Retained Earnings + Dividends + Revenues — Expenses
(c) Assets = Liabilities - Common Stock — Retained Earnings — Dividends — Revenues — Expenses
(d) Assets = Liabilities + Common Stock + Retained Earnings — Dividends + Revenues — Expenses
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Related Book For
Financial Accounting
ISBN: 9780470929384
8th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, J. Mather
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