If assets = liabilities + owner's equity, then liabilities (=?)

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If assets = liabilities + owner's equity, then liabilities $=?$

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Horngrens Accounting Volume 1

ISBN: 9780135359709

11th Canadian Edition

Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood

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Question Posted: May 08, 2024 12:00 PM

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If assets = liabilities + owner's equity, then liabilities (=?)

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ANSWER To find liabilities we rearrange the accounting equation ...View the full answer

Horngrens Accounting Volume 1

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