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View Full Version : Assets(R) = Owner's Equity(R) + Liabilities(R)


thabo_kenya
Mar 1, 2011, 02:55 AM
Assets(R) = Owner's Equity(R) + Liabilities(R)

Sold merchandise on credit for R9000. The goods were originally bought for R6000.

Please provide with the answer on how do I support my Accounting equation on the above statement.