Assets = Liabilities + Owners Equity, is referred to as the a. Basic accounting equation. b. Double-entry

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Assets = Liabilities + Owners’ Equity, is referred to as the

a. Basic accounting equation.

b. Double-entry accounting formula.

c. General ledger formula.

d. Auditor’s compliance equation.

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Managerial Accounting for the Hospitality Industry

ISBN: 978-1119386223

2nd edition

Authors: Lea R. Dopson, David K. Hayes

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Question Posted: Apr 28, 2018 08:15 AM

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Assets = Liabilities + Owners Equity, is referred to as the a. Basic accounting equation. b. Double-entry

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