Question

complete the accounting equation​

Answer 1

Answer:

Assets = Liabilities + Equity

Each side of the accounting equation has to equal the other because you must purchase things with either debt or capital. Equity has an equal effect on both sides of the equation.

Explanation:

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Answer 2

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The basic accounting equation are:-Assets = Liabilities + Equity.Liabilities = Assets – Equity.Equity = Assets – Liabilities.Assets = Liabilities + Owner's Equity + Revenue – Expenses – Draws