Question (don't copy any where else i need text answer only) In order for companies to prepare and issue financial statements, their accounting equations (debits and credits) must be in balance at year end. Discuss how errors and misstatements may occur when accounting equations (debits and credits) must be in balance at year end. Question (don't copy any where else i need text answer only) In order for companies to prepare and issue financial statements, their accounting equations (debits and credits) must be in balance at year end. Discuss how errors and misstatements may occur when accounting equations (debits and credits) must be in balance at year end