Which of the following is not a correct form of the accounting equation? Assets = Equities. Assets

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Which of the following is not a correct form of the accounting equation?

Assets = Equities.
Assets = Liabilities + Stockholders’ equity.
Assets — Liabilities = Stockholders’ equity.
Assets + Stockholders’ equity = Liabilities.

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Financial Accounting A Business Perspective

ISBN: 9781930789791

10th Edition

Authors: Jefferson Williams, Roger Hermanson, James Don Edwards

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