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Which of the Following Accounting Equations Is Used to Compute

Question 9

Multiple Choice

Which of the following accounting equations is used to compute assets?


A) Assets = Liabilities - Capital + Drawing - Revenue + Expenses
B) Assets = Liabilities + Capital - Drawing - Revenue + Expenses
C) Assets = Liabilities + Capital - Drawing + Revenue - Expenses
D) Assets = Liabilities - Capital + Drawing + Revenue - Expenses

Correct Answer:

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