Accountancy, asked by swamiraj36, 1 year ago

Why we study Assests=capital+Liabilities in accountancy...???

Answers

Answered by vidyut100
0

The balance is maintained because every business transaction affects at least two of a company's accounts. For example, when a company borrows money from a bank, the company's assets will increase and its liabilities will increase by the same amount.

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