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The equation that best describes the balance sheet is: Multiple Choice Assets + Liabilities = Stockholders' Equity. Ending Retained Earnings + Dividends = Net Income.

The equation that best describes the balance sheet is: Multiple Choice Assets + Liabilities = Stockholders' Equity. Ending Retained Earnings + Dividends = Net Income. Revenues - Expenses = Net Income. Stockholders' Equity = Assets - Liabilities.

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