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  3. Study Set
    Understanding Business
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    Exam 17: Understanding Accounting and Financial Information
  5. Question
    The Fundamental Accounting Equation States: Assets = ________
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The Fundamental Accounting Equation States: Assets = ________

Question 322

Question 322

Multiple Choice

The fundamental accounting equation states: Assets = ________.


A) liabilities minus owners' equity
B) liabilities plus receivables
C) payables plus cash equivalents
D) liabilities plus owners' equity

Correct Answer:

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