Multiple Choice
Which of the following equations is correct?
A) Assets = Liabilities + Owners' Equity - (Income - Expenses)
B) Assets + (Income + Expenses) = Liabilities + Owners' Equity
C) Assets + Liabilities + Owners' Equity = Income - Expenses
D) Assets - Liabilities = Owners' Equity + (Income - Expenses)
Correct Answer:
Verified
Correct Answer:
Verified
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