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Which one of the following represents the expanded basic accounting equation? Do it out if you have to or think about it with debits and
Which one of the following represents the expanded basic accounting equation? Do it out if you have to or think about it with debits and credits in mind.
Question 31 options:
| Assets + Dividends + Expenses = Liabilities + Common Stock + Revenues |
| Assets Liabilities Dividends = Common Stock + Revenues Expenses |
| Assets = Revenues + Expenses Liabilities |
| Assets = Liabilities + Common Stock + Dividends Revenue Expenses |
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