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Which of the Following Statements Is True

Question 54

Multiple Choice

Which of the following statements is true?


A) The change in cash = the change in noncash assets.
B) The change in cash = the change in liabilities + the change in stockholders' equity.
C) The change in cash = the change in liabilities + the change in stockholders' equity - the change in noncash assets.
D) The change in cash = the change in liabilities + the change in stockholders' equity + the change in noncash assets.

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