Accountancy, asked by rajanisanthosh024, 4 months ago

14. Write the accounting equation

Answers

Answered by THELEGENDKINGDOM

1

Answer:

Explanation:

What is the basic accounting equation?

Assets = Liabilities + Equity.

Liabilities = Assets – Equity.

Equity = Assets – Liabilities.

Assets = Liabilities + Owner's Equity + Revenue – Expenses – Draws.

Previous Question

Next Question

Similar questions

English, 2 months ago

Write a letter to your uncle inviting him your birthday party.

Math, 2 months ago

A cow is bought at Rs. 320. Find the S.P., when it sold on 12% gain. (JNV, 1996) (a) Rs. 260 (c) Rs. 400 IN (d) None of these bor (b) Rs. 360...

Physics, 2 months ago

A body of mass 30 kg has a momentum of 150kgm/s .What is its velocity?

Science, 4 months ago

Identify the incorrect statement a.Fish has endoskeleton and streamlined body b.A snake is a vertebrae c.Cockroaches have liquid skeleton d.Snail has an exoskeleton...

English, 4 months ago

Find out the omitted word 1. A proverb a well-known saying, 2. It is usually a phrase sentence that gives advice or says something is generally true. For example proverbs "Look before you leap' means that must think before talking any action that we do make mistakes.

Science, 9 months ago

what is the biggest animal in the world...

Science, 9 months ago

what is sexual reproduction ayush jha photo bhaje question ka...

India Languages, 9 months ago

answer please please please...