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Which of the following statement of financial position equations is correct? A. Assets Current Liabilities=Long Term Liabilities B. Assets + Liabilities = Shareholders' Equity C.

Which of the following statement of financial position equations is correct?

A. Assets Current Liabilities=Long Term Liabilities

B. Assets + Liabilities = Shareholders' Equity

C. Assets + Current Liabilities = Long Term Liabilities Shareholders' Equity

D. Assets + Current Liabilities = Long Term Liabilities + Shareholders' Equity

E. Assets Liabilities = Shareholders' Equity

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