Can you do the tonight i for get i need before 10:00 tonight i will pay you $15.00 the question now relate this equation to the purchase of your home or the planned purchase of a new home. how can you state your mortgage and home in terms of the accounting equation? you are not required to provide personal information. if you do not own a home or do not want to use personal information, feel free to create a situation that might apply where you live. click on this link: the accounting equation h