Accountancy, asked by ManojGhera, 1 year ago

what do you mean accounting equation

Answers

Answered by no2
12
it displays that all assets are either financed by borrowing money or paying with the money of the company's shareholders.
Acc eq:- Assets = Liabilities + Shareholder Equity.

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Answered by InFocus
1

Answer:

financial accounting is a specific branch of accounting involving a process of recording, summarising and reporting the myriad of transactions resulting from business operations over a period of time.

Explanation:

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