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Which of the following equations properly represents a derivation of the fundamental accounting equation? Assets + liabilities = owner's equity. Assets = owner's equity. Cash
Which of the following equations properly represents a derivation of the fundamental accounting equation?
- Assets + liabilities = owner's equity.
- Assets = owner's equity.
- Cash = assets.
- Assets liabilities = owner's equity.
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The Quest For A Science Of AccountingAn Anthology Of The Research Of Robert R. Sterling
Authors: Thomas A. Lee, Peter W. Wolnizer
1st Edition
0367698196, 9780367698195
