Ronalynnoblezada19viz
Answered

what is the detailed accounting equation​

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GreatestOfficialviz

Answer:

The equation is as follows: Assets = Liabilities + Shareholder's Equity. This equation sets the foundation of double-entry accounting and highlights the structure of the balance sheet. Double-entry accounting is a system where every transaction affects both sides of the accounting equation.

Graystonviz

Answer:

Step-by-step explanation:

The equation is as follows: Assets = Liabilities + Shareholder's Equity. This equation sets the foundation of double-entry accounting and highlights the structure of the balance sheet. Double-entry accounting is a system where every transaction affects both sides of the accounting equation.