Question: QUESTION 28 Is the balance sheet equation (Assets = liabilities + equity) the same for businesses and governments? If not, explain what is different for

QUESTION 28 Is the "balance sheet equation" (Assets = liabilities +

QUESTION 28 Is the "balance sheet equation" (Assets = liabilities + equity) the same for businesses and governments? If not, explain what is different for governmental funds. (3 points)

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QUESTION 28 Is the balance sheet equation (Assets = liabilities + equity) the same for businesses and governments? If not, explain what is different for governmental funds. (3 points)

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