Which One of These Equations Is an Accurate Expression of the Balance

question 59

Multiple Choice

Which one of these equations is an accurate expression of the balance sheet?

• A)Assets ≡ Liabilities − Stockholders' equity
• B)Stockholders' equity ≡ Assets + Liabilities
• C)Liabilities ≡ Stockholders' equity − Assets
• D)Assets ≡ Stockholders' equity − Liabilities
• E)Stockholders' equity ≡ Assets − Liabilities

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