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12y ago

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What does the Accounting Equation in accounting?

The Accounting Equation is Assets=Liabilities + Owner's Equity?


What is the equation for finding out how many diagonals there are in a polygon?

The equation is #of sides x (#of sides - 3) divided by 2. Equation: N x (N-3) 2


When expenses are incurred what is the effect on the accounting equation?

When expenses are incurred, they decrease net income, which ultimately reduces retained earnings in the equity section of the accounting equation. This leads to a decrease in total assets or an increase in liabilities, depending on whether the expenses are paid immediately or accrued. Thus, the accounting equation (Assets = Liabilities + Equity) remains balanced, reflecting the impact of the expenses on both sides of the equation.


What is the role of accounting equation in the study of accounting equation?

you did the mathh wrong and must re-do it


Example of accounting equation?

The accounting equation is as follows: Assets = Liabilities + Stockholder's Equity


What is the fandamental accounting equation?

The fundamental accounting equation: Assets = Liabilities + Equity, is the basis for all financial accounting measurements.


What is the accounting equation and how does it work?

The accounting equation displays the relationship between capital, liabilities and the assets. The accounting equation shows that the assets are a sum of the liabilities and the invested capital.


What is equality of the accounting equation?

Equality on the accounting equation is that Assets equal liabilities + owner's equity


5y plus 1 equals 4y - 1?

5y + 1 = 4y - 1 Subtract 4y from both sides of the equation. y + 1 = -1. Add 1 to both sides of the equation. y + 2 = 0 Subtract 2 from both sides of the equation. y = -2


Who introduce Accounting Equation?

It is based on Accounting Principle of Dual Aspect of Money http://www.freembanotes.in/finance/accountancy/30-accounting-equation


Solution for 4 minus X equals 2?

4 - x = 24 = 2 + x (add x to both sides of the first equation)2 = x (subtract 2 from both sides of the second equation)


How do you solve 2x equals 32 using square roots?

You don't need square roots for this, and there is no use for them in this context. You simply divide both sides of the equation by 2.You don't need square roots for this, and there is no use for them in this context. You simply divide both sides of the equation by 2.You don't need square roots for this, and there is no use for them in this context. You simply divide both sides of the equation by 2.You don't need square roots for this, and there is no use for them in this context. You simply divide both sides of the equation by 2.