What is the fundamental accounting equation?

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Assets = Expenses + RevenuesAssets = Cash + Owner's EquityAssets = Owner's Equity + LiabilitiesAssets = Expenses + Owner's EquityNone of the above

Explanation

The core accounting equation states that Assets are equal to the sum of Owner's Equity (Capital) and Liabilities. Other options incorrectly combine assets with expenses, revenues, or cash, which do not represent the fundamental equation.