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Test Your Knowledge of the Accounting Equation

Free Accounting Equation Cheat Sheet → https://accountingstuff.com/shop 5 True or False Questions on the Accounting Equation. How many can you get right? 1. The Accounting Equation is: Assets = Liabilities + Equity 2. Assets are the stuff that a business owes. 3. Liabilities are the stuff that a business owes to third parties. 4. If Assets go ...

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