dfs the accounting equation
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bemusedstudent
Posts: 19 New contributor 🐸
Hi guys, first message so sorry if this sounds thick but, now the equation has changed from assets-liabilities=equity to assets = liabilities+equity, if we're asked in the exam to explain what these mean what do we write for equity, still that its whats left when liabilities are deducted from Assets?
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bemusedstudent wrote: »........still that its whats left when liabilities are deducted from Assets?
correct0
