Question

AAF-302
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Q: Which one of the following equations correctly expresses the relationship between assets (A), liabilities (L), revenues (R),
expenses (E) and capital (C)?of the following equation currently Express relationship between assets liabilities revenue expenses and capital ​

Answer 1

Answer:

A = C + L + (R-E)

Explanation:

Assets = Capital +  Liabilities + (R - E)

This is the ✅ CORRECT Answer  

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