The balance sheet equation is: a. Assets minus liabilities b. The bookkeeping phase of accounting c.
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Question:
The balance sheet equation is:
a. Assets minus liabilities
b. The bookkeeping phase of accounting
c. Another name for the accounting equation
d. Revenues minus expenses equal net income
e. Debits equal credits
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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