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Which of the following principles are always true about financial accounting? (You may select more than one answer. Single click the box with the question

Which of the following principles are always true about financial accounting? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

  • Debits + Credits = Owners' Equity.unchecked
  • Assets = Owners' Equity.unchecked
  • Debits = Credits.unchecked
  • Assets = Liabilities + Owners' Equity.

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