Accountancy, asked by vikram6876, 11 months ago

state the accounting equation​

Answers

Answered by sakshi4062
6

Answer:

A=C+L

Explanation:

The accounting equation whereby assets = liabilities + shareholders' equity is calculated as follows: Accounting equation = $157,797 (total liabilities) + $196,831 (equity) equal $354,628, (which equals the total assets for the period)

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