Multiple Choice
Which one of the following represents the expanded basic accounting equation?
A) Assets = Liabilities + Share Capital-Ordinary account + Retained Earnings + Dividends - Revenue - Expenses.
B) Assets + Dividends + Expenses = Liabilities + Share Capital-Ordinary + Retained Earnings + Revenues.
C) Assets - Liabilities - Dividends = Share Capital-Ordinary + Retained Earnings + Revenues - Expenses.
D) Assets = Revenues + Expenses - Liabilities.
Correct Answer:

Verified
Correct Answer:
Verified
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