Question

Accounting equation is prepared as per ____ concept​

Answer 1

Explanation:

The accounting equation is the proposition that a company's assets must be equal to the sum of its liabilities and equity. Phrased differently, it means that the equity of a company is equal to its assets minus its liabilities

Answer 2

Answer:

Accounting Equation Definition: Formula & Examples - Investopedia The accounting equation is the proposition that a company's assets must be equal to the sum of its liabilities and equity. Phrased differently, it means that the equity of a company is equal to its assets minus its liabilities.

Accounting Equation Definition: Formula & Examples - Investopedia The accounting equation is the proposition that a company's assets must be equal to the sum of its liabilities and equity. Phrased differently, it means that the equity of a company is equal to its assets minus its liabilities.Explanation:

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