Accountancy, asked by suniyalrai225, 1 year ago

A/c equation treatment of invested in personal shares?

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Answered by ashok8816

balance sheet is a financial statement based on the equation that the total assets of a company are equal to the total of its liabilities and owners' equity. The company's assets are entered on one side of the sheet, while the liabilities and owners' equity are entered on the other.

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