Which One of the Following Represents the Expanded Basic Accounting

question 151

Multiple Choice

Which one of the following represents the expanded basic accounting equation?

• A)Assets = Liabilities + Common Stock + Dividends - Revenue - Expenses
• B)Assets + Dividends + Expenses = Liabilities + Common Stock + Revenues
• C)Assets - Liabilities - Dividends = Common Stock + Revenues - Expenses
• D)Assets = Revenues + Expenses - Liabilities

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