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  3. Study Set
    Entrepreneurial Small Business
  4. Exam
    Exam 12: Small Business Accounting: Projecting and Evaluating Performance
  5. Question
    The Accounting Equation Is Simply Stated as Assets = Liabilities
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The Accounting Equation Is Simply Stated as Assets = Liabilities

Question 30

Question 30

True/False

The accounting equation is simply stated as Assets = Liabilities - Owners' Equity.

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