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All of the Following Except Which Are Acceptable Ways of Stating

Question 33

Multiple Choice

All of the following except which are acceptable ways of stating the accounting equation?


A) owners' equity = assets - liabilities.
B) assets = liabilities + owners' equity.
C) owners' equity - liabilities = assets.
D) assets - liabilities = owners' equity.
E) assets = shareholders' equity + liabilities.

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