Expanded Accounting Equation
Assets = Liabilities + Stockholders' Equity
Assets = Liabilities + Common Stock + Retained Earnings
Assets = Liabilities + Common Stock + Net Income - Dividends
Assets = Liabilities + Common Stock + Income - Expenses - Dividends
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Famous quotes containing the words expanded, accounting and/or equation:
“Pray for the Liberty of the Conscience to revive among us.... Religious bondage shackles and debilitates the mind and unfits it for every noble enterprize, every expanded prospect.”
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