Question

write a note on accounting equation​

Answer 1

Answer:

The accounting equation is considered to be the foundation of the double-entry accounting system. The accounting equation shows on a company's balance that a company's total assets are equal to the sum of the company's liabilities and shareholders' equity.

Answer 2

Answer:

The accounting equation is considered to be the foundation of the double-entry accounting system.The accounting equation shows on a company's balance that a company's total assets are equal to the sum of the company's liabilities and shareholder's equity.

Explanation:

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