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can anyone tell me what is meaning of accounting equations
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Accounting equation is the relationship between liabilities, and owner's equity of a person or business. It is the foundation for the double-entry bookkeeping system.
jiya1888:
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Accounting equation is also known as the balance sheet equation , represents the relationship between assets , liabilities and owner's equity of a person or bussiness.It is the foundation for the double entry bookkeeping system.
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