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Which of the Following Statements Is True

Question 50

Multiple Choice

Which of the following statements is true?


A) Assets must always equal liabilities plus stockholders' equity.
B) The total value of credits in all accounts must always equal the total value of debits in all accounts.
C) The net changes in assets must always equal the sum of the net changes in liabilities and stockholders' equity.
D) All of the above.

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