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Please give the following formulas: 1. The Fundamental Accounting Equation 2. The Expanded Accounting Equation 3. The Formula for Computing Net Income 4. The Formula
Please give the following formulas:
1. The Fundamental Accounting Equation
2. The Expanded Accounting Equation
3. The Formula for Computing Net Income
4. The Formula for the Balance Sheet
Please give one or two examples of the following accounts:
Assets
Liabilities
Owner's Equity (provide only one example for this account)
Revenue
Expenses
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