Documents Unit 1 The Accounting Equation

1. » Accounting as a whole is based on a singleequation:ASSETS = EQUITY + LIABILITIES 2. » The word equation comes from the word equal.For any equation, one side always…

Economy & Finance Unit 1 The Accounting Equation

1. » Accounting as a whole is based on a singleequation:ASSETS = EQUITY + LIABILITIES 2. » The word equation comes from the word equal.For any equation, one side always…