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The following equation is a fundamental concept for accounting: assets = liabilities + net worth. What is a mnemonic that you can use to help

The following equation is a fundamental concept for accounting: assets = liabilities + net worth. What is a mnemonic that you can use to help you remember it? What are examples that a health care organization would put for each of the three categories? On which side of the equation would payment for health care services provided be placed and why?

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