Which of the following is not a correct form of the accounting equation? a. Assets = Equities.
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Which of the following is not a correct form of the accounting equation?
a. Assets = Equities.
b. Assets = Liabilities + Stockholders’ equity.
c. Assets — Liabilities = Stockholders’ equity.
d. Assets + Stockholders’ equity = Liabilities.
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Related Book For
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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