Accountancy, asked by aishravi2047, 1 year ago

Do you think that a transaction can break the accounting equation

Answers

Answered by karan511671
48

Answer:

A transaction can not be break the Accounting Equation because in Double Entry System, every transaction has two effect or it can be said every transaction effect both the side of Accounting Equation i.e. Liability+Capital side as well as Assets side. therefore, it will never break.

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Answered by Anonymous
7

Answer:

a transaction can not be break the Accounting Equation because in Double Entry System, every transaction has two effect or it can be said every transaction effect both the side of Accounting Equation i.e. Liability+Capital side as well as Assets side. therefore, it will never break..........

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