Question

what is accounting equat​

Answer 1

Answer:

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

Explanation:

Answer 2

Answer:

The fundamental accounting equation ,also called the balance sheet equation ,represents the relationship between the assets,liabilities and owners equality of a person or business.It is the foundation for the double -entry book keeping system.For each transaction,total debits equal the total credits. Plz guys follow me and mark it brain list❤❤