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Why are company liabilities placed before owners' equity in the accounting equation? OA. It allows for double-entry bookkeeping. OB. It includes depreciation on assets.

Why are company liabilities placed before owners' equity in the accounting equation? OA. It allows for double-entry bookkeeping. OB. It includes depreciation on assets. O C. Creditors provide all the assets in a corporation. D. It allows the closing of the books in an accounting cycle. OE. Creditors get paid first. $ % * 3 4 5 6 7 8 9

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