Accountancy, asked by Anonymous, 8 months ago

What is the meaning of accounting equation? Answer it dear friends..

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Answered by khushi146583

The accounting equation is considered to be the foundation of the double-entry accounting system. 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.

Answered by BabyBold07

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