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As Hector Was Packing to Return to Simon Fraser University

Question 192

Multiple Choice

As Hector was packing to return to Simon Fraser University after his summer vacation,he realized that he owned many valuable things such as a laptop computer,stereo system,and DVD player.An accountant would list all of these as Hector's:


A) liabilities.
B) assets.
C) owners' equity.
D) intangibles.

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