Which of these statements is FALSE? O Liabilities = Assets - Equity O Liabilities - Equity = Assets O Assets - Liabilities - Equity Assets = Liabilities + Equity Question 37 (1 point) Which of the following is likely NOT a type of not-for-profit entity? O public library O local Cineplex Odeon movie theater O community foundation O university Question 38 (1 point) Which of these accounts is a liability? Accounts Receivable Accounts Payable O Supplies Inventory Salaries Expense