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Accounting Equation

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Harjeet1984
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Accounting Equation
Accounting Equation Assets Liabilities & Equity Liabilities Equity Assets = +
Assets Land Equipment Buildings Cash Vehicles Stock Bank Debtors Resources owned or controlled by a company
Liabilities Accrued Expenses Loan Creditors Creditors’ claims on assets
Equity Owner’s claims on assets Revenues Owner Investments Drawings Expenses
[object Object],Transaction Analysis Equation Liabilities Equity Assets = +

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