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The accounting equation is defined as: Multiple Choice Assets = Liabilities - Stockholders' Equity. Net Income...


The accounting equation is defined as: Multiple Choice Assets = Liabilities - Stockholders Equity. Net Income = Revenues - E
The accounting equation is defined as: Multiple Choice Assets = Liabilities - Stockholders' Equity. Net Income = Revenues - Expenses. Assets = Liabilities + Stockholders' Equity. Liabilities + Revenues - Assets.
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Answer #1

Solution:

Assets = Liabilities + Stockholders equity

Explanation:

The balancesheet is also known as the statement of financial position and its reflects the accounting equation. The balancesheet reports a company's assets, liabilities and owner's equity at a specific point in time. It shows that a company's total amount of assets is equal to the total amount of liabilities plus stockholder's equity

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