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The Balance Sheet Identity as expressed by the accounting discipline is Assets = Liabilities + Shareholders Equity. From the perspective of finance, the Balance Sheet
The Balance Sheet Identity as expressed by the accounting discipline is Assets = Liabilities + Shareholders Equity. From the perspective of finance, the Balance Sheet Identity is best expressed as:
A. Assets Shareholders Equity = Liabilities
B. Assets + Liabilities = Shareholders Equity
C. Liabilities + Shareholders Equity = Assets
D. Shareholders Equity = Assets - Liabilities
E. Sales - Net Income = Costs
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