Multiple Choice
__________ is/are the things of value that a firm owns, __________ include the firm's debts and obligations, and __________ is/are the difference between the assets and liabilities.
A) Owner's equity, assets, liabilities
B) Assets, liabilities, owner's equity
C) Owner's equity, liabilities, assets
D) Assets, owner's equity, liabilities
E) Liabilities, assets, owner's equity
Correct Answer:

Verified
Correct Answer:
Verified
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