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Match the definition with each element of the accounting equation. Assets Liabilities Shareholders' Equity Revenues Expenses A. Economic resources that will provide future benefit. B.
Match the definition with each element of the accounting equation. Assets Liabilities Shareholders' Equity Revenues Expenses A. Economic resources that will provide future benefit. B. Owners' claims to economic resources. C. Amounts earned by selling goods and services. D. Amounts used to generate profits. E. Creditors' claims to economic resources
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Accounting concepts and applications
Authors: Albrecht Stice, Stice Swain
11th Edition
978-0538750196, 538745487, 538750197, 978-0538745482
