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In: Finance

Which of the following must be true in order for the Balance Sheet to properly “balance”?...

Which of the following must be true in order for the Balance Sheet to properly “balance”?

a.

Liabilities = Assets + Equity
b.

Equity = Assets + Liabilities
c.

Equity = Assets / Liabilities
d.

Assets = Liabilities + Equity
e.

Assets = Equity * Liabilities

Solutions

Expert Solution

d. Assets = Liabilities + Equity

Assets is equal to the sum of liabilities and equity.

jeff jeffy answered 2 years ago
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