Accountancy, asked by djvarun6918, 3 months ago

accounting equation signifies

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Answered by beheraswetalin100

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What's up with you and your family

Answered by Anonymous

4

Answer:

The accounting equation is considered to be the foundation of the double-entry accounting system. The accounting equation shows on a company's balance that a company's total assets are equal to the sum of the company's liabilities and shareholders' equity. ... The liabilities represent their obligations

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