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    Survey of Accounting Study Set 5
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    Exam 1: An Introduction to Accounting
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    The Claims Side of the Accounting Equation
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The Claims Side of the Accounting Equation

Question 37

Question 37

Multiple Choice

The claims side of the accounting equation


A) lists the resources that a business owns or controls.
B) lists the sources of the business's assets.
C) must balance out to zero.
D) indicates the amount of profit that a business has earned.

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