Multiple Choice
The closing capital account balance is always equal to:
A) Non-current assets PLUS current assets PLUS current liabilities LESS long-term liabilities.
B) Non-current assets PLUS current assets LESS current liabilities LESS long-term liabilities.
C) Non-current assets LESS current assets LESS current liabilities LESS long-term liabilities.
D) Non-current assets PLUS current assets LESS current liabilities PLUS long-term liabilities
Correct Answer:

Verified
Correct Answer:
Verified
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