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We can state the accounting equation for a corporation as: о -A + L - SE = 0. о A + L= SE. О A-L - SE = 0. О A = L - SE.

We can state the accounting equation for a corporation as: о -A + L - SE = 0. о A + L= SE. О A-L - SE = 0. О A = L - SE.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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We can state the accounting equation for a corporation as:
Transcribed Image Text:We can state the accounting equation for a corporation as:
о -A + L - SE = 0. о A + L= SE. О A-L - SE = 0. О A = L - SE.
Transcribed Image Text:о -A + L - SE = 0. о A + L= SE. О A-L - SE = 0. О A = L - SE.
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