Accountancy, asked by khushimh7045, 11 months ago

What is the general equation of liabilities,capital,assets

Answers

Answered by satyamchoudhary21
1

The accounting equation shows on a company's balance sheet whereby the total of all the company's assets equals the sum of the company's liabilities and shareholders' equity. While assets represent the valuable resources owned by the company, the liabilities represent its obligations.

PLEASE MARK AS BRAINLIEST ANSWER

Similar questions