Question: Check ALL that are true statements: The basic accounting equation is: Assets = Liabilities + Equity The balance sheet has assets, liabilities and revenue on

Check ALL that are true statements: The basic accounting equation is: Assets = Liabilities + Equity The balance sheet has assets, liabilities and revenue on it The income statement has revenues and expenses on it The trial balance can be in balance (total debits equal total credits) and still be incorrect as to classification

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