Explain why investing (assets) and financing (liabilities and equity) totals are always equal.

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Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Question Posted: Dec 27, 2012 01:40 AM

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Explain why investing (assets) and financing (liabilities and equity) totals are always equal.

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An organizations financing activities liabilities and equity pay for investing activitie...View the full answer

Fundamental Accounting Principles

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