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Which One of the Following Represents the Expanded Basic Accounting

Question 151

Multiple Choice

Which one of the following represents the expanded basic accounting equation?


A) Assets = Liabilities + Common Stock + Dividends - Revenue - Expenses
B) Assets + Dividends + Expenses = Liabilities + Common Stock + Revenues
C) Assets - Liabilities - Dividends = Common Stock + Revenues - Expenses
D) Assets = Revenues + Expenses - Liabilities

Correct Answer:

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