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    Exam 1: Accounting in Action
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    The Basic Accounting Equation May Be Expressed as
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The Basic Accounting Equation May Be Expressed as

Question 155

Question 155

Multiple Choice

The basic accounting equation may be expressed as


A) Assets - Equity = Liabilities.
B) Assets - Liabilities = Equity.
C) Assets = Liabilities + Equity.
D) All of these answer choices are correct.

Correct Answer:

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