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(Total 6 marks) Define and describe the Accounting Equation used in Accrual Accounting including the detailed components (variables) that would impact on Owner's Equity.
(Total 6 marks) Define and describe the Accounting Equation used in Accrual Accounting including the detailed components (variables) that would impact on Owner's Equity. Your answer must also include a definition of all the components (variables) of the Accounting Equation, and how the Accounting Equation is used to mathematically represent a business.
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Cost Accounting Foundations and Evolutions
Authors: Michael R. Kinney, Cecily A. Raiborn
9th edition
9781285401072, 1111971722, 1285401077, 978-1111971724
