Which Form Does the Balance Sheet Equation Take in the United

question 18

Multiple Choice

Which form does the balance sheet equation take in the United Kingdom?

• A) Noncurrent Assets + Noncurrent Liabilities = Shareholders' Equity
• B) Revenues - Expenses = Shareholders' Equity
• C) Noncurrent Assets + [Current assets - Current Liabilities] - Noncurrent Liabilities = Shareholders' Equity
• D) Noncurrent Assets - Current assets = Noncurrent Liabilities - Current Liabilities + Shareholders' Equity

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