Question: Assets are a. equal to liabilities less owner's equity b. always lower than liabilities c. financed by the owner and/or creditors d. the same as

 Assets are a. equal to liabilities less owner's equity b. always

Assets are a. equal to liabilities less owner's equity b. always lower than liabilities c. financed by the owner and/or creditors d. the same as expenses because they are acquired with cash

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