Question
The basic accounting equation can be restated in terms of cash by the following equation: Cash=current liabilities+long-term liabilities+capital stock-retained earnings-noncash current assets+longterm assets True or
The basic accounting equation can be restated in terms of cash by the following equation: Cash=current liabilities+long-term liabilities+capital stock-retained earnings-noncash current assets+longterm assets
True or false?
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Financial Accounting Fundamentals
Authors: John J. Wild
5th edition
1308500102, 1308500106, 78025753, 978-0078025754
