Question
he following attributes are correct in respect of accounting equation except one of them: O a. Accounting equation shows the financing sources and the use
he following attributes are correct in respect of accounting equation except one of them: O a. Accounting equation shows the financing sources and the use of finance in a business O b. Accounting equation always underlies the accounting entries made in the b0oks of account. O c. Accounting equation is written as follows: ASSETS + Liabilities = capital
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
