InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
Explain What Is The Basic Accounting Equation? |
|
Answer» Accounting EQUATION- Accounting rotates around three basic TERMS. These terms are assets, liabilities and capital. the TRUE relationship between these terms is represented as ACCONTING Equations IE.. Assets= liabilities+ Capital. Accounting Equation- Accounting rotates around three basic terms. These terms are assets, liabilities and capital. the true relationship between these terms is represented as Acconting Equations ie.. Assets= liabilities+ Capital. |
|