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The Post-Closing Accounting Equation Is

Question 31

Multiple Choice

The post-closing accounting equation is:


A) assets = liabilities + common stock + Retained Earnings - dividends.
B) assets = liabilities + common stock + Retained Earnings.
C) assets = liabilities + Retained Earnings + revenues - expenses.
D) assets = liabilities + Retained Earnings - dividends.

Correct Answer:

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