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Which of the following accounting equations correctly describes the double-entry accounting system? Select the single best answer: A. Assets = Liabilities - Capital B. Assets

Which of the following accounting equations correctly describes the double-entry accounting system? Select the single best answer: A. Assets = Liabilities - Capital B. Assets = Liabilities + Owner's Equity C. Assets = Liabilities D. Liabilities = Capital E. Assets Capital - Liabilities
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Which of the following accouhting equations correctly describes the double-entry accounting system? Select the single best answer: A. Assets = Liabilities - Capital B. Assets = Liabilities + Owner's Equity C. Assets = Liabilities D. Llabilities = Capital E. Assets = Capital - Liabilities

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