MCQOPTIONS
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MCQOPTIONS
| 1. |
Which one of the following accounting equations is correct? |
| A. | Assets = Owner's equity |
| B. | Assets = Liabilities + Owner's equity |
| C. | Assets = Liabilities - Owner's equity |
| D. | Assets + Liabilities = Owner's equity |
| Answer» C. Assets = Liabilities - Owner's equity | |