Accountancy, asked by hellouserishere, 11 months ago

plz explain accounting equation​

Answers

Answered by AbhishekShahi
0

Explanation:

The fundamental accounting equation, also called the balance sheet equation, represents the relationship between the assets, liabilities, and owner's equity of a person or business. It is the foundation for the double-entry bookkeeping system. For each transaction, the total debits equal the total credits.

Answered by fiza1426
0

Explanation:

here is the answer user

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