why is the balance account liability and assets are equal balance
Answers
Answered by
1
as per accounting equation = asset = liablity + capital
therefore in balance sheet
liabilty side comsist of both capital and liablity
asset side consist of asset
so even in balance sheet as per accounting equation liability and asset tallies
Hope its usefull..!
therefore in balance sheet
liabilty side comsist of both capital and liablity
asset side consist of asset
so even in balance sheet as per accounting equation liability and asset tallies
Hope its usefull..!
sujiritha95:
pls mark it as brainliest answer
Similar questions