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    Financial Accounting Information Study Set 1
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    Exam 1: Introducing Accounting in Business
  5. Question
    Assets = Liabilities + Equity Is Known as The
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Assets = Liabilities + Equity Is Known as The

Question 257

Question 257

Multiple Choice

Assets = Liabilities + Equity is known as the:


A) Income statement equation
B) Cost principle
C) Objectivity principle
D) Accounting equation
E) Transaction principle

Correct Answer:

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