Double Entry Accounting System Explained 101 - Accounting Equation

Accounting Instruction, Help, & How To
Accounting Instruction, Help, & How To
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Double entry accounting system represented with the accounting equation, assets = liabilities + equity. Double entry accounting system can be represented 3 ways. The accounting equation will be an introduction to the double entry accounting system followed by the double entry accounting system being represented with a balance sheet and then the double entry accounting system being represented with debits and credits.
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