The Fundamental Accounting Equation States: Assets = ________

question 322

Multiple Choice

The fundamental accounting equation states: Assets = ________.

• A) liabilities minus owners' equity
• B) liabilities plus receivables
• C) payables plus cash equivalents
• D) liabilities plus owners' equity

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Definitions:

Clicks-And-Mortar

Refers to businesses that combine online digital presence (clicks) with physical storefronts (mortar) to offer a comprehensive retail experience.

E-Book

A digital format of a book, accessible on electronic devices such as e-readers, tablets, and computers.

Degree of Digitization

The extent to which processes, operations, or systems are converted or adapted to digital form, impacting efficiency, accessibility, and innovation.

Physical Nature

Physical Nature describes the fundamental qualities and properties of matter and energy in the physical universe, often explored through physics and natural sciences.