Assets Liabilities + Owners' Equity (A = L + OE) expresses the fundamental structure of the balance

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Assets Liabilities + Owners' Equity (A = L + OE) expresses the fundamental structure of the balance sheet and is the basis of bookkeeping procedures.

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Accounting What The Numbers Mean

ISBN: 9780073379418

8th Edition

Authors: David Marshall, Wayne McManus, Daniel Viele

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