equation except one of them: O a. Accounting equation shows the financing sources and the use of finance in a business O b. Accounting equation always underlies the accounting entries made in the b0oks of account. O c. Accounting equation is written as follows: ASSETS + Liabilities = capital

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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he following attributes are correct in respect of accounting equation except one of them: O a. Accounting equation shows the financing sources and the use of finance in a business O b. Accounting equation always underlies the accounting entries made in the b0oks of account. O c. Accounting equation is written as follows: ASSETS + Liabilities = capital

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