The expanded accounting equation is:

The expanded accounting equation is:

a. Assets+Liabilities =Owner’s Capital+ Owner’s Drawing + Revenues + Expenses

b. Assets=Liabilities +Owner’s Capital +Owner’s Drawing +Revenues +Expenses

c. Assets=Liabilities - Owner’s Capital -Owner’s Drawing -Revenues -Expenses

d. Assets =Liabilities + Owner’s Capital - Owner’s Drawing +Revenues-Expenses

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