Accountancy, asked by rithu769, 10 months ago

accounting equation of opened a bank account with sbi

Answers

Answered by sourya1794

Explanation:

Balance sheet equation parts

Assets are items of value that your business owns. For example, your business bank account, company vehicles, and equipment are assets. Liabilities are debts that you owe to others. For example, your payables are liabilities. ... Calculate equity by subtracting your assets from liabilities.

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