Which of the Following Is the Formula Used by Accountants

question 202

Multiple Choice

Which of the following is the formula used by accountants to balance data for the firm's financial transactions at various points in the year?

• A)Owner's equity = assets + liabilities
• B)Liabilities = assets + owner's equity
• C)Assets = capital + owner's equity
• D)Owner's equity = assets + capital
• E)Assets - liabilities = owner's equity

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Definitions:

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A psychological disorder characterized by the presence of two or more distinct personality states or identities in a single individual, with changes in behavior and thinking.

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A psychological approach that emphasizes mental processes in perception, memory, language, problem-solving, and other areas of behavior.

Overgeneralizing

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