Which One of the Following Represents the Expanded Basic Accounting

question 84

Multiple Choice

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

• A) Assets = Liabilities + Contributed Capital + Retained Earnings + Revenues - Expenses - Dividends
• B) Assets + Liabilities = Dividends + Expenses + Contributed Capital + Revenues
• C) Assets - Liabilities - Dividends = Contributed Capital + Revenues - Expenses
• D) Assets = Revenues + Expenses - Liabilities

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