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TB MC Qu . 0 1 - 1 1 0 ( Static ) The description of the relation... The description of the relation between a

TB MC Qu

. 01 - 110 (

Static

)

The description of the relation...

The description of the relation between a company's assets, liabilities, and equity, which is expressed as Assets

=

Liabilities

+

Equity, is known as the:

Multiple Choice

Income statement equation.

Accounting equation.

Business equation.

Return on equity ratio.

Net income.

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