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how to do accounting equation

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how to do accounting equation
  • 2 answers

Ayush Agrawal 7 years, 6 months ago

The main formula for accounting equation is ASSETS = LIABILITIES + CAPITAL Always remember 1.any adjustment will have 2 effects. That could also be on the same side. 2.after every transaction/adjustment the total of both the sides will be same.

Harsh Malik 7 years, 6 months ago

Its formula is assets =liabilities +capital Paid rent cash (-) =0. +(-)
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