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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 2: Qualities of Accounting Information
  5. Question
    Equity ________
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Equity ________

Question 84

Question 84

Multiple Choice

Equity ________.


A) represents shareholders' claims to the assets of a business
B) represents capital contributions to the business by lenders
C) represents capital owed by customers
D) is equal to assets plus liabilities

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