Accountancy, asked by raj4457, 6 months ago

write the accounting equation for the following transaction​

Answers

Answered by sangitamekha02657
1

Explanation:

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Answered by sᴡᴇᴇᴛsᴍɪʟᴇ
34

Answer:

Assets = Liabilities + Shareholder's Equity

Double-entry accounting is a system where every transaction affects both sides of the accounting equation. For every change to an asset account, there must be an equal change to a related liability or shareholder's equity account.

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