What is accounting equation
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
An accounting equation is a mathematical expression which shows that the assets and liabilities of a firm are equal i.e. ASSETS = LIABILITIES + CAPITAL
Assets = Liabilities+Capital