Explain why investing (assets) and financing (liabilities and equity) totals are always equal.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 9Q: Why does the combined total of the companys liabilities and equity always equal the total of the...
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Explain why investing (assets) and financing (liabilities and
equity) totals are always equal.

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