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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Financial Accounting A Business Perspective

ISBN: 9780072289985

7th Edition

Authors: Roger H. Hermanson, James Don Edwards

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