Question
What is a variation of the accunting identity? Equity-Liabilities=Assets Assets+Equity=Liabilities owners equity=assets-liabilities assets-fixed assets=equity-liabilities When I looked for the defination...it says its a double entry...I
What is a variation of the accunting identity?
Equity-Liabilities=Assets
Assets+Equity=Liabilities
owners equity=assets-liabilities
assets-fixed assets=equity-liabilities
When I looked for the defination...it says its a double entry...I am really confused now....
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CFIN
Authors: Scott Besley, Eugene Brigham
5th edition
1305661656, 9781305888036 , 978-1305666870
