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The elements of a company's financial position are related by the accounting equation. The accounting equation is a.Assets = Liabilities - Equity b.Assets = Liabilities

The elements of a company's financial position are related by the accounting equation. The accounting equation is
a.Assets = Liabilities - Equity
b.Assets = Liabilities + Equity
c.Net Income = Revenue - Expenses
d.Net Income = Revenue + Expenses

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