A typ of transaction that has no effection on accounting equation.
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Accounting transaction effect on fundamental of accounting equation.
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every business transaction which is to be considered for accounting that is every accounting transaction has its effect on fundamental rights. Each and every accounting transaction has its effects on accounting equation. Every transaction alerts the constituents of the equations in a such way that
is equation is satisfied after every transaction
We can conclude that the accounting equation is deified at any point of time during the life time of an organisation
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