Question

Give fundamental accounting equation?​

Answer 1

Answer:

answer for your question is

Explanation:

The four financial statements are all based on a mathematical equation, which states that the dollar value of a company's assets equals the dollar value of its shareholders' equity. In fact, the balance sheet is the statement of this equation.

hope it helps you

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Answer 2

Explanation:

• ᴛʜᴇ ғᴏᴜʀ ғɪɴᴀɴᴄɪᴀʟ sᴛᴀᴛᴇᴍᴇɴᴛs ᴀʀᴇ ᴀʟʟ ʙᴀsᴇᴅ ᴏɴ ᴀ ᴍᴀᴛʜᴇᴍᴀᴛɪᴄᴀʟ ᴇǫᴜᴀᴛɪᴏɴ,ᴡʜɪᴄʜ sᴛᴀᴛᴇ ᴛʜᴀᴛ ᴛʜᴇ ᴅᴏʟʟᴀʀ ᴠᴀʟᴜᴇ ᴏғ ᴀ ᴄᴏᴍᴘᴀɴʏ's ᴀssᴇᴛs ᴇǫᴜᴀʟs ᴛʜᴇ ᴅᴏʟʟᴀʀ ᴠᴀʟᴜᴇ ᴏғ ɪᴛs ʟɪᴀʙɪʟɪᴛɪᴇs ᴘʟᴜs ᴛʜᴇ ᴅᴏʟʟᴀʀ ᴠᴀʟᴜᴇ ᴏғ ɪᴛs sʜᴀʀᴇʜᴏʟᴅᴇʀs' ᴇǫᴜɪᴛʏ.ɪɴ ғᴀᴄᴛ,ᴛʜᴇ ʙᴀʟᴀɴᴄᴇ sʜᴇᴇᴛ ɪs ᴀ sᴛᴀᴛᴇᴍᴇɴᴛ ᴏғ ᴛʜɪs ᴇǫᴜᴀᴛɪᴏɴ.