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The balance sheet equation is: a. Total Revenues + Total Gains Total Expenses Total Losses = Net Income b. Total Assets = Total Liabilities +
The balance sheet equation is:
a. Total Revenues + Total Gains Total Expenses Total Losses = Net Income
b. Total Assets = Total Liabilities + Total Stockholders Equity
c. Total Assets + Total Revenues + Total Gains = Total Liabilities + Total Expenses + Total Losses + Total Stockholders Equity
d. Total Liabilities = Total Assets Total Stockholders Equity
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