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Which of the following is not an acceptable statement of basic accounting equation? B) Assets - Liabilities = Owners equity Assets = Liabilities Owners equity

  1. Which of the following is not an acceptable statement of basic accounting equation? B)

  1. Assets - Liabilities = Owners equity
  2. Assets = Liabilities Owners equity
  3. Assets = Liabilities + Owners equity
  4. Assets- Owners equity = Liabilities

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