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The accounting equation may NOT be expressed as * A. Assets = Liabilities + Equity B. Current assets + Noncurrent assets = Total liabilities +
The accounting equation may NOT be expressed as *
A. Assets = Liabilities + Equity
B. Current assets + Noncurrent assets = Total liabilities + Equity
C. Liabilities = Assets - Equity
D. Equity = Assets - Liabilities
E. Equity = Liabilities - Assets
Please explain. Thank you.
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