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1. Which of the following expressions of the accounting equation is correct? 1. Liabilities + assets = stockholder equity 2. stockholder equity + assets=liabilities 3.

1. Which of the following expressions of the accounting equation is correct? 1. Liabilities + assets = stockholder equity 2. stockholder equity + assets=liabilities 3. assets-liabilities=stockholder equity 4. stockholder equity-liabilities=assets

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