Why may it be said that the ownership interest is the residual item in the accounting equation?

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Financial and Management Accounting

ISBN: 978-1292086590

7th edition

Authors: Pauline Weetman

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Question Posted: Jan 25, 2018 01:30 AM

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Why may it be said that the ownership interest is the residual item in the accounting equation?

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It is absolutely true to say that the ownership interest ...View the full answer

Financial and Management Accounting

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