Fundamental Accounting Equation Video Lessons

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Problem: What items on the balance sheet are considered to be sources for financing economic resources (assets)? a. liabilities and contributed capital, only b. liabilities only c. contributed capital and retained earnings, only d. liabilities and stockholders' equity

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What items on the balance sheet are considered to be sources for financing economic resources (assets)?

a. liabilities and contributed capital, only

b. liabilities only

c. contributed capital and retained earnings, only

d. liabilities and stockholders' equity

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What scientific concept do you need to know in order to solve this problem?

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