Which statement below best describes the accounting equation?
a) financing activities equal...
Business, 03.01.2020 00:31 emblemhacks
Which statement below best describes the accounting equation?
a) financing activities equal investing and operating activities.
b) the change in retained earnings equals net income less dividends.
c) equality of revenue and expense transactions over time.
d) resources of the company equal creditors' and owners' claims to those resources.
Answers: 2
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