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    Accounting Study Set 1
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    Exam 4: Adjusting the Accounts and Preparing Financial Statements
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    The Excess of Current Assets Over Current Liabilities Is Known
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The Excess of Current Assets Over Current Liabilities Is Known

Question 20

Question 20

Multiple Choice

The excess of current assets over current liabilities is known as:


A) Equity
B) Working capital
C) Intangible assets
D) Net assets

Correct Answer:

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