I have a big assignment and it depends on these words. I have to understand what they are and what this a=l+oe is. Thanks very much for helping :)
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I have a big assignment and it depends on these words. I have to understand what they are and what this a=l+oe is. Thanks very much for helping :)
The basic accounting equation is the foundation for the double-entry bookkeeping system. It shows how assets were financed: either by borrowing money from someone (liability) or by paying your own money (shareholders' equity).
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