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Which of the following would most likely be sung in call and response fashion?
Accounting Equation
The fundamental principle of accounting that states assets equal liabilities plus owner's equity, providing the basis for double-entry bookkeeping.
Electric Bill
A monthly statement that quantifies and charges for electricity consumption.
Balance Sheet
A financial statement showing a company's assets, liabilities, and shareholders' equity at a specific point in time.
Total Assets
The sum of all assets owned by a company at a given time, including current, fixed, and intangible assets.
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