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Question
question # 4
multiple select
what sections make up a balance sheet?
capital
assets
owners equity
liabilities
Brief Explanations
A balance sheet follows the fundamental accounting equation: $\text{Assets} = \text{Liabilities} + \text{Owner's Equity}$. These three components form its core sections, while "Capital" is a subset of Owner's Equity, not a standalone primary section.
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B. Assets, C. Owner's Equity, D. Liabilities