capital + liabilities -assets is eqaul to
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acid properties owned by a business liabilities are obligations to other parties and capital refers to the portion of the assets available to the owners of the business after all the abilities are settled.
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Answer:
A=L+E
A = assets
L = liabilities
E = equity
FROM THE WEB
The accounting equation whereby assets = liabilities + shareholders' equity is calculated as follows: Accounting equation = $163,659 (total liabilities) + $198,938 (equity) equals $362,597, (which equals the total assets for the period)
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