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From the following, select the accurate equations that relate to the accounting equation (i.e. assets, liabilities, and owner's equity). *Multiple answers may apply A. Liabilities
From the following, select the accurate equations that relate to the accounting equation (i.e. assets, liabilities, and owner's equity).
*Multiple answers may apply
A. | Liabilities = Assets - Owner's Equity | |
B. | Assets = Liabilities + Owner's Equity | |
C. | Owner's Equity = Assets - Liabilities | |
D. | Assets = Liabilities - Owner's Equity | |
E. | Owner's Equity = Assets + Liabilities |
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