Which of the Following Is the Correct Version of the Accounting

question 58

Multiple Choice

Which of the following is the correct version of the accounting equation?

• A)Liabilities = assets + equity
• B)Equity = assets + liabilities
• C)Assets = equity + liabilities
• D)None of the above

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Definitions:

Days Per Week

A measure of time used to specify the number of days something occurs within a seven-day period.

Telecommuting

A work arrangement that allows employees to perform their job duties from a remote location, typically their home, utilizing digital communication.

Flexibility

The ability to adapt to changes, challenges, or new requirements in one's environment or approach.

Amenities

Features and services that enhance the comfort, convenience, and enjoyment of individuals in a particular space or environment.