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Which of the following is NOT a true statement of the balance sheet equation or identity? Answers: Assets Liabilities = Owner s Equity Assets =

Which of the following is NOT a true statement of the balance sheet equation or identity?

Answers:

Assets

Liabilities

=

Owner

s Equity

Assets

=

Liabilities

Owner

s Equity

Assets

=

Liabilities

+

Owner

s Equity

.

Assets

Owner

s Equity

=

Liabilities

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