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    Intermediate Accounting Study Set 1
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    Exam 13: Accounting Information Systems and Adjusting Entries: A Comprehensive Guide
  5. Question
    Which of the Following Equations Is Correct
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Which of the Following Equations Is Correct

Question 3

Question 3

Multiple Choice

Which of the following equations is correct?


A) Assets plus Liabilities = Equity.
B) Assets = Liabilities minus Equity.
C) Liabilities = Assets plus Equity.
D) Equity = Assets minus Liabilities.

Correct Answer:

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