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    Fundamental Accounting Principles Study Set 3
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    Exam 13: Organization and Operation of Corporations
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    The Accounting Equation for a Corporation Is
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The Accounting Equation for a Corporation Is

Question 106

Question 106

Multiple Choice

The accounting equation for a corporation is:


A) Assets = Equity + Liabilities.
B) Assets - Liabilities = Equity.
C) Assets = Liabilities + Equity.
D) All of these answers are correct.
E) None of these answers is correct.

Correct Answer:

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