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Respectively, ___ Are Resources That an Organization Owns; ___ Is/are

Question 18

Multiple Choice

Respectively, ___ are resources that an organization owns; ___ is/are debts that an organization owes; and ___ is/are amounts that owners have contributed and what the entity has earned for them.


A) assets; liabilities; revenues
B) assets; liabilities; stockholders' equity
C) assets; stockholders' equity; liabilities
D) revenues; liabilities; expenses
E) revenues; liabilities; stockholders' equity

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