4. which of the following statements is false?
a. notes payable and accounts payable are lia...
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Business, 09.12.2019 20:31 valencial0917
4. which of the following statements is false?
a. notes payable and accounts payable are liabilities reported on the balance sheet.
b. the accounting equation of total assets = total liabilities plus total equity must always balance.
c. supplies and buildings are asset accounts reported on the balance sheet.
d. common stock is an equity account.
e. the balance sheet reports revenues and expenses for the accounting period
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