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  3. over the life of a company a) accruals sum to zero

Over the life of a company a) Accruals sum to zero b) Total assets equal...

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Question

Accounting

Over the life of a company

a) Accruals sum to zero

b) Total assets equal total liabilities

C) Total accounting profits equal total equity at the end of the companys life

D) None of the answers are correct

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