Which of the following is the traditional accounting equation that verifies the accuracy of the entrepreneur's balance sheet?

Question

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The traditional accounting equation, which verifies the accuracy of an entrepreneur's balance sheet, is Assets = Liabilities + Owners' Equity. This equation is fundamental in accounting, representing that what the business owns (assets) is purchased by what it owes (liabilities) and the owner's claims against the assets (owners' equity).

Which of the Following Is the Traditional Accounting Equation That