Question
The terms of accounting equations can be presented as under; Assets = Liabilities Capital Capital= Assets Liabilities Assets = Capital + Liabilities Liabilities=
The terms of accounting equations can be presented as under;
Assets = Liabilities – Capital
Capital= Assets – Liabilities
Assets = Capital + Liabilities
Liabilities= Assets – Capital
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
8th Edition
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