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Dmitrij [34]
3 years ago
11

In the accounting equation, assets are equal to liabilities plus what?

Business
1 answer:
Akimi4 [234]3 years ago
3 0

Answer:

A. Owners equity

Explanation:

In a balance sheet, the accounting equation reflects a scenario in which assets are equal to liabilities including owners equity. This is premised on the principle of double entry which is the foundation of accounting.

Owners equity is the amount owned by the business owner or his investment in the business less drawings.eg retained earnings,profits, etc.

The reason for accounting equation is to show that the balance sheet tallies such that items on the debit matches items on the credit

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C how responsive sellers of popcorn are to changes in the price of popcorn
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rusak2 [61]

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Explanation:

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3 years ago
An employee receives a phone call from someone saying they are from the bank. The person claims the purpose of the call is to ve
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The kind of call received by the employee reflects the phishing activity.

<h3>What is a Bank?</h3>

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8 0
2 years ago
Which of the following is the primary focus of managerial accounting?
lilavasa [31]

Answer:

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Hence, the correct option is a.

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