Question: Which one of the following represents the expanded basic accounting equation? Multiple Choice Assets = Revenues + Expenses - Liabilities Assets - Liabilities - Dividends

Which one of the following represents the expanded basic accounting equation?
Multiple Choice
Assets = Revenues + Expenses - Liabilities
Assets - Liabilities - Dividends = Contributed capital + Revenues - Expenses
Assets + Liabilities = Dividends + Expenses + Contributed capital + Revenues
Assets = Liabilities + Contributed capital + Retained EarningsWhich one of the following represents the expanded basic accounting equation?
Multiple Choice
Assets = Revenues + Expenses - Liabilities
Assets - Liabilities - Dividends = Contributed capital + Revenues - Expenses
Assets + Liabilities = Dividends + Expenses + Contributed capital + Revenues
Assets = Liabilities + Contributed capital + Retained Earnings

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