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is objective just answer a or b for me Question I The whole of financial accounting is based upon the very simple idea that, resources
is objective just answer a or b for me Question I The whole of financial accounting is based upon the very simple idea that, resources supplied by the owner of the business plus liabilities that must be settled at a future date must be equal to the resources in the business. It follows that the eapital plus liabilities of the entity must be equal to assets of the entity expressed as: Capital + Liabilities =A ssets ( i.,C+L=A). Demonstrate the effects of the following transactions on the accounting equation, and prepare the resultant balance sheet as at 31a July, 2020, Question I The whole of financial accounting is based upon the very simple idea that, resources supplied by the owner of the business plus liabilities that must be settled at a future date must be equal to the resources in the business. It follows that the eapital plus liabilities of the entity must be equal to assets of the entity expressed as: Capital + Liabilities =A ssets ( i.,C+L=A). Demonstrate the effects of the following transactions on the accounting equation, and prepare the resultant balance sheet as at 31a July, 2020
is objective just answer a or b for me
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