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    Survey of Accounting Study Set 7
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    Exam 1: The Role of Accounting in Business
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    Which of the Following Is an Appropriate Representation of the Accounting
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Which of the Following Is an Appropriate Representation of the Accounting

Question 57

Question 57

Multiple Choice

Which of the following is an appropriate representation of the accounting equation?


A) Assets + Liabilities = Stockholders' equity
B) Assets = Liabilities + Stockholders' equity
C) Assets = Liabilities
D) Assets = Liabilities + Retained earnings

Correct Answer:

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