Question: 8 Which statement below best describes the accounting equation? Multiple Choice 0 1 : 1 5 : 1 2 Revenue and expense transactions tend to
Which statement below best describes the accounting equation?
Multiple Choice
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Revenue and expense transactions tend to equal out over time.
The total resources of the company equals creditors' and owners' daims to those resources.
The change in retained earnings equels net income less dividends.
Financing activites equal irvesting and aperating activities
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