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What is true of a balance sheet? Question 34Answer a. The equation used in a balance sheet is Assets = Net Assets - Liabilities b.

What is true of a balance sheet? Question 34Answer a. The equation used in a balance sheet is Assets = Net Assets - Liabilities b. The equation used in a balance sheet is Assets = Liabilities + Net Assets c. The equation used in a balance sheet is Assets = Net Assets = Liabilities d. The equation used in a balance sheet is -Assets = Liabilities + Net assets

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