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5. Which of the following is a correct accounting equation? a. Assets - Owners Equity = Liabilities b. Liabilities - Owners Equity = Assets C.

5. Which of the following is a correct accounting equation? a. Assets - Owners Equity = Liabilities b. Liabilities - Owners Equity = Assets C. Owners Equity - Assets = Liabilities d. Assets = Owners Equity - Liabilities

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