Accounting Equation Definition, Basic Example How to Interpret?


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Accounting Equation Definition, Basic Example How to Interpret?

Content The basic accounting equation Assets in the Accounting Equation Accounting Topics Introduction to the accounting equation Through the use of double-entry bookkeeping, bookkeepers and accountants ensure that the “balance” always holds . Because you make purchases with debt or capital, both sides of the equation must equal. Company credit cards, rent, and taxes to…

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