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27 August, 10:26

Which of the statements below is TRUE? A. Accounting Identity is: Assets = Liabilities minus - Owners' Equity. B. Accounting Identity is: Liabilities = Assets + Owners' Equity. C. Accounting Identity is: Assets = Liabilities + Owners' Equity. D. Accounting Identity is: Assets = Owners' Equity minus - Liabilities.

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  1. 27 August, 10:51
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    C. Accounting Identity is: Assets = Liabilities + Owners' Equity.
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