how to show prepaid salary in an accounting equation?
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The equation being: Assets = Equity + Liabilities.
Step by Step Explanation: Usually prepaid expenses come under the asset side of the balance sheet and at any point of the accounting period the equation should be equal or matched
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The equation being: Assets = Equity + Liabilities. Explanation: Usually prepaid expenses come under the asset side of the balance sheet and at any point of the accounting period the equation should be equal or matched.
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