Accountancy, asked by amanpogo9, 10 months ago

what is the formula of Accounting equation​

Answers

Answered by bavitha333
11

Answer:

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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