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    Business
  3. Study Set
    Accounting NZ
  4. Exam
    Exam 3: Measuring and Reporting Financial Position
  5. Question
    Without the Business Entity Convention, Which Item in the Balance
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Without the Business Entity Convention, Which Item in the Balance

Question 53

Question 53

Multiple Choice

Without the business entity convention, which item in the balance sheet would not exist?


A) equity
B) liabilities
C) cash at bank
D) assets

Correct Answer:

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