Which one of the following represents the expanded basic accounting equation?
A) Assets = Liabilities + Common stock + Retained Earnings + Dividends - Revenues - Expenses.
B) Assets + Dividends + Expenses = Liabilities + Common stock + Retained Earnings + Revenues.
C) Assets - Liabilities - Dividends = Common stock + Retained Earnings + Revenues - Expenses.
D) Assets = Revenues + Expenses - Liabilities.
Correct Answer:
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