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Plz sir tell me basic concept …

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Plz sir tell me basic concept of accounting equation

    • Posted by Prince Sharma 7 years, 8 months ago

    CBSE > Class 11 > Accountancy
    • 3 answers

    Aniket Int 7 years, 8 months ago

    A=l+C L=A-C C=A-l

    0Thank You

    Yash Desai 7 years, 8 months ago

    A=C+L A=asset C=capital L=liabilities

    0Thank You

    Maanvi Chouhan 7 years, 8 months ago

    All the assests in equation will add on and every expense subtract from it. Profit will add in capital Loss will subtracted from capital. Creditors bank loan depreciation will add liabilities . Assets =capital+liabilities May it will help u. Thanks

    1Thank You

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