Question

what i accounting equation?​

Answer 1

Answer:

The accounting equation is the proposition that a company's assets must be equal to the sum of its liabilities and equity. Phrased differently, it means that the equity of a company is equal to its assets minus its liabilities.

Answer 2

The accounting equation is the proposition that a company's assets must be equal to the sum of its liabilities and equity. Phrased differently, it means that the equity of a company is equal to its assets minus its liabilities.