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The expanded accounting equation is Assets + Liabilities = Common Stock + Dividends + Revenues + Expenses. Assets = Liabilities + Common Stock + Dividends

The expanded accounting equation is
Assets + Liabilities = Common Stock + Dividends + Revenues + Expenses.
Assets = Liabilities + Common Stock + Dividends + Revenues - Expenses.
Assets = Liabilities - Common Stock - Dividends - Revenues - Expenses.
Assets = Liabilities + Common Stock - Dividends + Revenues - Expenses.
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