Bundle: Using Financial Accounting Information: The Alternative To Debits And Credits, 10th + Cengagenowv2, 1 Term Printed Access
Bundle: Using Financial Accounting Information: The Alternative To Debits And Credits, 10th + Cengagenowv2, 1 Term Printed Access
10th Edition
ISBN: 9781337491433
Author: Gary A. Porter, Curtis L. Norton
Publisher: Cengage Learning
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Chapter 1, Problem 1.10.6E
To determine

Concept Introduction:

The accounting equation is an equation that shows the connection between the three major types of accounts; assets, liabilities, and equity. As per this equation, the amount of total assets is equal to the sum of total liabilities and total equity for the business.

To indicate: the accounting equation.

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Bundle: Using Financial Accounting Information: The Alternative To Debits And Credits, 10th + Cengagenowv2, 1 Term Printed Access

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