What is the basic accounting equation?

0
piyush (anonymous) 0 Comments
The fundamental accounting equation is: Assets = Liabilities + Owner’s Equity. It is the foundation of the double-entry bookkeeping system and must remain in balance.

Discover more from Muft Shiksha™ | मुफ्त शिक्षा

Subscribe to get the latest posts sent to your email.

piyush Answered question 7 Sep, 2025
You are viewing 1 out of 1 answers, click here to view all answers.
Write your answer.
Join for Teach