Accountancy, asked by sweetymanna2, 6 months ago

Short Answer Type Questions
1. Explain in short the meaning of an Accounting Equation
+ always holds good und​

Answers

Answered by shivangi12320
0

Answer:

An Accounting Equation is also called the Balance Sheet Equation. We all know that we record all the business transactions using the Dual Aspect concept. This means that each debit has an equal credit and vice-versa.

Answered by ay771447
1

Answer:

An accounting sheet is also called balance sheet

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